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Central Banker: CBDCs Are a Flexible Tool for Zero-Interest Rate World

News Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion on Central Bank Digital Currencies" at ..

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

News Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC w..

Central Banks Worldwide Testing Their Own Digital Currencies

Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. Ind..

Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?

Opinion Paper money today is a marginal part of the currency in circulation and represents a direct relationship between the end user and the central bank. Its use is, however, unknown to the central bank; in a certain sense, it can therefore be said that like cryptocurrencies, cash can be used fo..

CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different...

State-backed digital currencies are widely discussed among many countries worldwide, from China to Tunisia. Here are some major examples of CBDCs from different parts of the world

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