Cash usage is declining and the ECB is showing an ongoing commitment to a digital euro. Will cash eventually disappear?
Privacy is a running concern with potential users of a retail CBDC. BIS have announced the launch of a project to resolve them.
In Latin America, regulators have shown a growing interest in the technology that powers cryptocurrencies to promote financial inclusion.
Digital Identity is an aspect of CBDC design causing much debate. For some, it is the end of freedom, others dub that "unnecessarily alarmist."
With more services becoming digital, a digital currency seems to be the perfect solution to streamline the digital revolution further.
Remittances form a lifeblood supporting the lives of many, however they come with high fees. Fintech was supposed to change everything...
In this episode we talk with Daniel Gorfine, co-founder of the Digital Dollar Project, about Central Bank Digital Currencies - how they will work, the challenges needed to be overcome and when they might arrive.
As development of CBDCs continues worldwide, the ECB makes some signifficant announcements, but some still say, "why not use stablecoins?"
The digital euro has been making progress but in a recent ECB consultation, it became clear there could be major issues in its design.
In this week's LendIt TV session we learned about the state of central bank digital currencies (CBDCs) with experts from the USA, Europe, and China.
Since before bitcoin blew up in 2018, leading financial minds the world over have been researching the implications of institutionally created currencies for use as digital cash, to settle interbank deposits, and for monetary policy development.