General manager of the Bank for International Settlements (BIS), Agustín Carstens, believes central banks have a responsibility to be at the forefront in the digital age...
A study conducted by the Bank of Canada reveals that many underestimate the challenges associated with achieving financial inclusivity despite the potential for it. One of...
A report by the BIS (Banks for International Settlement) has projected that by 2023, there will be a total of 24 CBDCs launched – broken down...
For a long time, the global financial system has been dominated by central banks and commercial banks. The central banks issue money to the commercial banks,...
Ripple has launched a Central Bank Digital Currency (CBDC) platform in response to the growing interest and development of central bank digital currencies in various nations....
The World Bank reports that after the COVID-19 pandemic, up to 1.4 billion people were found to be unbanked. This population is dispersed around the world...
Central Bank Digital Currencies (CBDCs) are amongst recent financial instruments governments of nations are exploring in order to meet up with the fast innovation in finance....
If central banks represent centralized systems that manage the financial status of nations and bitcoin is a decentralized system that anyone around the world can be...
Europe is facing an energy and financial crisis. In September, 2022, the Euro reached an inflation figure of 10%. Will this be the beginning of the...
Seven National Banks recently collaborated to release a Report detailing key guidelines as regards how CBDCs- Central Bank Digital Currencies can execute monetary policies. The following...
FinTech Payments giant Mastercard has great visions for National Banks seeing that they have kickstarted a new project for the traditional Central bank system. This time,...
