Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection.
Researchers at the Bank for International Settlements say the future of payments may be peer to peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change.
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara.
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.
