The IMF said Brazil's Digital Real could reap the benefits of blockchain technology and compete with privately-issued stablecoins.
I anchor around the issues Libra is seeing in trying to develop a money, and what alternate strategies are available. We also analyze elements of a JP Morgan 2020 blockchain report, which highlights the differences between running a financial products (like a money) and a financial software (like a payments processor). In light of this necessary pivot for the regulated Facebook, we look again at Ethereum's decentralized finance ecosystem and the types of challengers it has created for Jack Henry, Finastra, Envestnet, TradeWeb, and other infrastructure providers.
With more services becoming digital, a digital currency seems to be the perfect solution to streamline the digital revolution further.
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.
Privacy is a running concern with potential users of a retail CBDC. BIS have announced the launch of a project to resolve them.
Finance minister and frontrunner in Argentina presidential elections announced the digital Peso project, against crypto critics.
This week Isabelle sat down with Jonas Gross from the Digital Euro Association to talk about Europe's development of a CBDC.
Digital Identity is an aspect of CBDC design causing much debate. For some, it is the end of freedom, others dub that "unnecessarily alarmist."
A new survey by The Economist Intelligence Unit and Crypto.com says that adoption and awareness of digital currencies is increasing...