Get the scoop on finance - sign up for mobile alerts

CBDCs

World Economic Forum Says 98% of Central Banks Are Preparing To Launch CBDCs As Finance Enters ‘Next Phase’

More than 98% of the world's central banks are "researching, experimenting, piloting or deploying" central bank digital currencies (CBDCs), according…

April 23, 2024

Morgan Stanley Says Central Bank Digital Currencies May Drive Move Away From US Dollar

Banking giant Morgan Stanley says that central bank digital currencies (CBDCs) may contribute to a shift away from the US…

January 15, 2024

A Glimpse Into Tomorrow With CBDCs – Utopian Innovation or Orwellian Nightmare

CBDCs (Central Bank Digital Currencies) are a frequently discussed topic among crypto enthusiasts and are often considered a perfect dystopian…

November 29, 2023

Central Banker Says Crypto ‘Miserably’ Failed Test of Money, Will Make Way for CBDCs and TradFi Products: Report

The head of Singapore's central bank doesn't think crypto has a future in financial services. Ravi Menon, the managing director…

November 29, 2023

Fed Governor Says CBDC in the US Has ‘Unclear’ Use Case and Presents Significant Risks

Federal Reserve Bank governor Michelle Bowman says that the use case for a central bank digital currency (CBDC) in the…

October 18, 2023

Global Monetary System and CBDCs Must Evolve Amid Demand for Digital Forms of Cash: Banking Titan Agustín Carstens

The head of the Bank for International Settlements (BIS) says the global monetary system is evolving, and work must be…

September 27, 2023

CBDC Pilots Now Being Tested by Three Central Banks, According to SWIFT

Three central banks have launched new pilots for central bank digital currencies (CBDCs), according to an announcement from the Society…

September 17, 2023

Tom Emmer Launches Anti-Surveillance State Act With 49 Republicans in New Push Against CBDCs

Congressman Tom Emmer is leading the reintroduction of a bill that aims to prevent the Federal Reserve from creating a…

September 13, 2023

Visa’s Head of Crypto Says Payments Giant Eyeing CBDCs, Stablecoins and Blockchain Networks

The Visa executive in charge of the payments giant's crypto department says the company is looking at a future where…

September 6, 2023

Representative Warren Davidson Calls for Swift Ban of CBDCs, Says Fed Creating ‘Financial Equivalent of Death Star’

Republican Congressman Warren Davidson is calling for an outright ban on central bank digital currencies (CDBCs) as he foresees the…

July 25, 2023