Search results for "CBDC"

Are CBDCs the future of monetary systems?

The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]

Limited Support for Central Bank Digital Currencies in Global Investment Industry Survey

The latest comprehensive survey conducted by the CFA Institute, encompassing over 4,150 respondents from the global investment industry, revealed limited support and a lack of understanding regarding CBDC adoption. LONDON (Reuters) -The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack […]

Why Cryptocurrency Will Fail? Why It Won't? 

During the last few years, cryptocurrencies have developed from digital wonders to trillion-dollar technologies with the possibility to disrupt the international financial system. Bitcoin like hundreds of other cryptocurrencies is increasingly kept as assets and employed as currencies to buy goods and services, such as digital real estate, software, and illegal drugs.  To their supporters, […]

G7 to Discuss Digital Currency Standards, Crypto Regulation

Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan’s top currency diplomat Masato Kanda said on Tuesday. The move will be among key themes of G7 discussions that Japan chairs this year, as part of efforts to address […]