The Bahamas Launches Digital Currency Pilot
A new “digital fiat currency” for the Bahamas could turn the island nation in to a crypto testbed.
A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
The working group will pool research into CBDCs.
With 2019 vanishing in the rear view mirror, Markets Daily is back for an insightful look into the trends that are already shaping this new decade.
As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon.