BIS: CBDCs Will Be the Future of Monetary Systems, Are Better than Crypto
BIS takes the ongoing bear market, as well as the collapse of stablecoin as an affirmation that crypto and DeFi cannot be the foundation of monetary systems.
Read moreBIS takes the ongoing bear market, as well as the collapse of stablecoin as an affirmation that crypto and DeFi cannot be the foundation of monetary systems.
Read moreWith the market currently down, and your favorite crypto currently experiencing double-digit decreases, there’s no better time to learn about cryptocurrency than today.
Read moreThe BSP explained that wholesale CBDCs may contribute in addressing frictions on large cross-border foreign currency transfers.
Read moreThe initiative is part of its aim to promote the stability of the country’s payment system.
Read moreThe Central Bank already started a study about CBDC’s nature and implications for the whole financial system last year.
Read moreFor now, according to Diokno, the BSP is strengthening the domestic retail payment system in the country.
Read moreFintech companies and financial institutions globally are invited to submit their innovative solutions which can address problems within the key areas, which have been identified based on suggestions received from partner organizations globally.
Read morePlus Jack Dorsey has accepted a bid for the NFT version of his first tweet.
Read morePlus Nvidia expected significant revenue from its Ethereum mining hardware.
Read moreBitcoin below $3,000 and another real-world test of the Digital Yuan.
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