Although some of the prototype design challenges could limit usage, exploration of the CBDC shows positive steps.
Gov. DeSantis has said that Florida won't accept a CBDC, due to privacy and surveillance concerns. Stonewalling could be part of the problem.
The issue of privacy remains fundamental in CBDC design. The AEI published a vision for a financial system with the coin as its cornerstone.
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.
With an SEC lawsuit clouding the coverage of Ripple, their cross-border disruption seemed subdued. The company then launched a CBDC platform.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
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.