Latest Central Bank Digital Currency News

Digital Euro card
Business 7 September 2023

European Central Bank embraces digital euro

Fabio Panetta of the ECB claims the proposed legislation on the region's digital euro would be beneficial to European citizens while keeping the monetary policy on a tight leash to avoid instability.

CBDC Central Bank Digital Currency
Business 30 August 2023

What CBDC?

Contrary to what many believe, CBDC cannot change a nation's monetary policy but is merely a currency for transmitting money, be it fiat or a real commodity.

Bitcoin on top of an energy efficiency rating chart.
Tech 28 August 2023

Global energy production and Bitcoin

The energy associated with Bitcoin is attributed to the number of transactions verified, so as the system becomes more efficient, the efficiency measurement should be rated as the economic cost.

New generation of money with CBDC concept
Business 21 August 2023

The mixed blessing of CBDCs

As more countries jump on the CBDC bandwagon, experts are now scrutinizing the benefits and pitfalls of this tech and whether it could promote financial inclusion or a ploy to control the market.