Business

CBDCs key to maintaining monetary system in digital age: ECB research
-
22 August, 2022

CBDCs key to maintaining monetary system in digital age: ECB research

Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
South Korea pilots digital assets seizure for traffic fines settlement
-
21 August, 2022

South Korea pilots digital assets seizure for traffic fines settlement

The coronavirus pandemic has led to the adoption of a new method that allows South Korean police to collect digital...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
-
21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...
No one wants to spend digital currencies—Joshua Henslee gives  industry a reality check
-
20 August, 2022

No one wants to spend digital currencies—Joshua Henslee gives industry a reality check

Joshua Henslee zooms in on why people hold digital currencies, the challenges of adopting these assets as payment, and the...
Canada’s Newton exchange imposes annual purchase limit on digital assets
-
20 August, 2022

Canada’s Newton exchange imposes annual purchase limit on digital assets

Seeking to protect users from buying more assets than their financial positions can handle, one Canadian exchange has limited annual...
Colombia eyes central bank digital currency adoption to fight tax evasion
-
20 August, 2022

Colombia eyes central bank digital currency adoption to fight tax evasion

Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The...