The digital dollar would be a central bank-issued digital currency (CBDC). Instead of displacing cryptocurrencies, a digital ...
Banks need to enter the market. Regulatory uncertainty, concerns over volatility, and the perceived risks associated with digital assets have kept banks on the sidelines.
Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...
China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital ...
Stablecoins ensure speedy, cheap, and secure transactions. Banks have been present for centuries, handling money and the ...
The Bank of Korea (BOK) is set to initiate a pilot program for its central bank digital currency (CBDC), named "Hangang," ...
Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...
Cryptocurrency has come a long way from its beginning. What started as an experiment with virtual money is today a booming ...
India offers further insight. After the Reserve Bank of India's 2018 restrictions had been overturned in 2020, the government introduced a 30% tax on digital asset gains. While contentious, it ...
The European Central Bank advances its digital euro plans to counter stablecoins and U.S. payment firms, aiming for financial ...
The central banks aims to establish standards for crypto-related services and increase market transparency while expanding ...