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Central Banks

China’s Digital Currency: Consumers spent 8.8 million Yuan during week long test

China’s DC/EP The competition between nations at who will have the first functional Central Bank-issued Digital Currency (CBDC) continues. China had previously stated that they...

21 Oct 2020

Asad Saddique

Central Banks

The Federal Reserve is evaluating the benefits of issuing a digital currency

CBDC One of the most prominent topics this year has been Central Bank-issued Digital Currencies (CBDCs). These would represent the digital version of currently used...

20 Oct 2020

Karim Abuzeineh

Central Banks

China needs to be first at issuing digital currency

The Race As reported by Reuters, a commentary released by China’s central banks stated that the country must be the first mover in achieving a...

21 Sep 2020

Asad Saddique

Central Banks

MasterCard launches digital currency platform for Central Banks

MasterCard Platform MasterCard have publicly released their testing platform, opening up the opportunity of partnership invitations to central and commercial banks, tech and advisory firms...

11 Sep 2020

Tom Farren

Central Banks

Bahamas’ digital currency is now on their balance sheet

Central-Bank issued Digital Currency It is no longer news that central banks from around the world are trying their best to accelerate the conversion of...

27 Aug 2020

Asad Saddique

Central Banks

Bank of Thailand confirms their digital currency is in use

Transacting with Businesses As a wave of central banks from around the world have joined the race of turning their fiat currencies digital; via central-bank...

17 Jul 2020

Karim Abuzeineh

Central Banks

Bank of England contemplates a digital currency

Bank of England Today, the governor of the Bank of England Andrew Bailey, confirmed that they are considering whether or not they should release a...

14 Jul 2020

Karim Abuzeineh