The State Bank of Pakistan introduces a policy proposal package for digital currencies, potentially legalizing cryptocurrencies and introducing digital rupee and CBDC. This shift in approach may boost liquidity in…
Legal framework proposal by State Bank of South Asia (SBP) aims to recognize cryptocurrencies, including Bitcoin, as official forms of currency in Pakistan. This shift signals a new attitude, allowing…
U.S. Treasury Department raises concerns about stablecoin market growth, advocating for state-backed CBDCs to replace private stablecoins. Report highlights risks of stablecoins linked to Treasury bills, underlining their role in…
Bitcoin has sparked debates on rethinking traditional money since its inception. Explore the impact of cryptocurrency on challenging the concept of fiat money and the emergence of Central Bank Digital…
Ewolucja systemu finansowego: od tradycyjnych walut do kryptowalut. Artykuł omawia przełomowe odkrycie autora Bitcoina, zmieniające spojrzenie na pieniądz i system finansowy. Analizuje zalety kryptowalut, wskazując na rosnące zainteresowanie nimi jako…
International Air Transport Association (IATA) plans to integrate China's digital yuan into its settlement systems by the end of 2024. This move aims to offer expanded payment options in response…
The Governor of the Bank of England advocates for innovation in retail payments, suggesting the introduction of a central bank digital currency if commercial banks fail to innovate. Emphasizing the…
Andrew Bailey, Governor of the Bank of England, endorses the introduction of a retail central bank digital currency to modernize payment practices. He criticizes commercial banks for slow innovation, emphasizing…
The Indian government is contemplating a ban on private cryptocurrencies like Bitcoin and Ether, as reported by Hindustan Times. This move is underpinned by concerns over risks posed by cryptocurrencies,…
Norges Bank considers launching a Central Bank Digital Currency (CBDC) to keep up with European trends. With two models in development, Norway's move towards a cashless society has significant implications…