Latest News Of Central Bank Digital Currency Tag
Business 18 October 2019
Gov’t-backed digital currency on Canada’s horizon
The reason for developing this digital currency will be to create a higher degree of control by the Canadian government, according to reports.
Business 20 February 2019
Bank of Japan considers central bank digital currency
While Bank of Japan has no plans for a CBDC at this time, the bank’s new report points out the additional functions crypto offers beyond traditional payments, as well as the wider implications of more efficient, direct blockchain transactions.
Business 8 February 2019
Central bank digital currency could harm South Korea’s financial system
A report by the Bank of Korea pointed out that introducing a CBDC would lead to a decline in commercial banks’ demand deposits, causing a cash shortfall.
Business 23 August 2018
Bank of Thailand uses R3 Corda platform for ‘milestone’ project
The Bank of Thailand (BoT) wants to create a wholesale Central Bank Digital Currency (CBDC) in the country.