Announcing the timeline, Rachel Reeves, the chancellor of the exchequer, said: “The UK is leading the way on digital ...
Most consumers would not take up the digital euro if they were given the choice, new research from the European Central Bank ...
Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...
Tokenisation and financial transactions using distributed ledger technology (DLT) are increasingly becoming primed to scale, ...
A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...
Bank of Korea to launch CBDC pilot for real-world payments Project Hangang: South Korea to begin central bank-issued digital ...
Canada’s new Liberal prime minister has previously criticized cryptocurrencies like Bitcoin and private stablecoins.
In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...
virtual currency purchases and sales will trigger taxable events, per the IRS. There are currently three basic types of digital currencies in development or circulation: Central bank digital ...