Business

IMF exec floats idea of exploring ‘synthetic’ CBDCs
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31 May, 2020

IMF exec floats idea of exploring ‘synthetic’ CBDCs

Synthetic central bank digital currencies could offer the best combination for central banks exploring digital currencies.
Bank of Lithuania plans wider role for blockchain platform
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31 May, 2020

Bank of Lithuania plans wider role for blockchain platform

The central bank is also looking at how firms in the energy, transport and healthcare sectors could be set to...
NREL explores blockchain for renewable energy
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31 May, 2020

NREL explores blockchain for renewable energy

The federal laboratory is looking at ways to connect distributed energy resources like solar panels to local distribution networks via...
Tencent invests heavily in blockchain, other emerging tech
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31 May, 2020

Tencent invests heavily in blockchain, other emerging tech

WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks...
Instability, high remittance fees drive India digital currency adoption
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30 May, 2020

Instability, high remittance fees drive India digital currency adoption

The instability of the rupee combined with high remittance fees is driving digital currency adoption in India.
Revolut secures financial service license for Australia operations
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30 May, 2020

Revolut secures financial service license for Australia operations

Revolut began operating in Australia in 2019 under a special exemption granted by the Australian financial regulator ASIC.
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