The race to develop a central bank digital currency (CBDC) is often portrayed as one of polar opposites: the Chinese hare against the US tortoise. But we should keep a […]
Governments around the world are preparing to upgrade their national money from the paper to the digital era. Some argue the introduction of central bank digital currencies (CBDC) will mark […]
Emerging markets are at the forefront of the race to develop central bank digital currencies (CBDCs), and all eyes are on China. That’s the main conclusion of a new Bank […]
Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]
Like a current, money flows, it circulates, it’s liquid. In fact, English law regards currency as one of the key attributes of money. But should new, virtual forms of money […]