Tag Archives: CBDC

20Dec/20

Russia’s central bank digital currency: Prospects and problems

Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the numberRead More…

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11May/20

Digitized Europe: The Shift to a Cashless World

By spring 2020, it became inescapable that we now live in a world with an unraveling future. The once-imminent shift, now fueled by the coronavirus outbreak, has accelerated the pace of technologicalRead More…

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25Apr/20

BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT

Benoît Cœuré, the head of the Bank for International Settlements Innovation Hub, recently asserted that central bank digital currencies, or CBDCs, have been brought “into sharper focus” amid the coronavirus pandemic. SpeakingRead More…

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08Mar/20

Central Banks Are Exploring Blockchain — but For Their Own Reasons

Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, theRead More…

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