China, the Convenient Foil
Peter Thiel is both right and wrong in calling bitcoin a tool that could empower China and challenge the U.S. dollar.
Riksbank Governor Ingves said Sweden is entering a post-cash era.
Existing payment players have a head start in the race to integrate central bank digital currencies worldwide, says our columnist.
“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.
The BoJ says a set of common rules would lay the groundwork for efficient cross-border payments.
The digital ruble will live in a hybrid technological platform combining distributed ledger technology and centralized control by the central bank.