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"Traditional Banking is Under Threat" Says Benoit Coeuré

According to Benoit Coeuré, head of the Bank for International Settlements' (BIS) Innovation Hub, key pillars of today's ...

|Sep 11, 2021
China Extends Digital Currency Trials to Beijing Subway

China has expanded the trials of its upcoming central bank digital currency (CBDC) to its capital Beijing’s subway netwo ...

|Aug 12, 2021
Venezuela to Introduce CBDC in October, Drop Six Zeroes From Currency

In a bid to combat hyperinflation battering its economy, Venezuela will rollout a central bank digital currency (CBDC) i ...

|Aug 6, 2021
Fed Governor Waller Backs Stablecoins, is Doubtful of the Need for CBDC

Federal Reserve Governor Christopher Waller said Thursday he’s not convinced that a central bank digital currency (CBDC) ...

|Aug 6, 2021
Lael Brainard Cites Reasons for Creating Digital Money at the US Central Bank

Chairwoman Lael Brainard of the Federal Reserve on Friday explained a range of "urgent" reasons for creating digital mon ...

|Jul 31, 2021
Ukraine's Central Bank Grants Official Permission to Issue Digital Money

The Ukrainian government is pushing forward with its plans for a central bank digital currency (CBDC), with Ukraine’s ce ...

|Jul 31, 2021
Ghana’s Vice President Says Africa Must Embrace Digital Currencies

Ghana’s vice president Mahamudu Bawumia has called upon other African countries to show support for digital currencies. ...

|Jul 29, 2021
Sen. Warren Claims CBDCs Can Help Solve the Massive Failure of Big Banks

Senator Elizabeth Warren has reiterated her support for the CBDCs and believes they can help solve the massive failure o ...

|Jul 29, 2021
Russians Divided on CBDC, Few Would Accept Salaries in Digital Ruble

Ahead of a planned pilot test in January, a large number of Russians are opposed to receiving their salaries in the digi ...

|Jul 29, 2021
Horizon Kinetics Claims Crypto Is a Way to Combat Currency Depreciation

According to Horizon Kinetics, a Contrarian investment firm, crypto is the greatest way to combat currency depreciation. ...

|Jul 28, 2021