Local digital currency systems are being used with increasing frequency, not only to boost local spending, but also to attract more “foreign” money from visitors, help address community issues and for ...

The Treasury and Bank of England have launched a consultation on the creation of a ‘digital pound’ – possibly to be released into circulation by 2030. This type of virtual money is known as central ...

The world economy is currently undergoing a major transformation, marked by the widespread move to central bank digital currency (CBDC). Comparable to the introduction of paper money in 18th century ...

The National Bank of Rwanda (BNR) announced on August 1 that it is launching a retail Central Bank Digital Currency (CBDC) Ideathon, calling on individuals, fintechs, startups, and innovators to ...