DeFi News – Decentralized Finance & Crypto
The UK is getting closure to its objective of introducing a central bank digital currency (CBDC). Recently, it released a consultation paper elaborating on the digital pound that is going Continue Reading →
Authorities in Hong Kong are moving toward exclusive structures for a central bank digital currency (CBDC). At present, they want to launch a CBDC that would be a government-backed stablecoin. Continue Reading →
The New York-based Federal Reserve Bank’s New York Innovation Center (NYIC) as well as the Monetary Authority of Singapore (MAS) are collaborating to introduce a mutual experiment over the wholesale Continue Reading →
SWIFT, the global financial messaging system, had prepared a plan for a global CBDC network. The announcement comes after the company spent 8 months experimenting with different currencies and technologies. Continue Reading →
On Friday, the Japanese yen slid against the US dollar, after the Bank of Japan chose to stay dovish and not follow the stance of other global central banks in Continue Reading →
In an interview with Cointelegraph, Jonas Gross discussed the dangers to private banks of the digital euro and the ECB’s objectives. Next year is the target date for the ECB’s Continue Reading →
