The Digital Pound: What is The Case for Issuing it?
Your day-to-day spending could take a different turn once the digital pound comes into play. Your online-store shopping experience could be more seamless thanks to this new piece of technology by the...
View ArticleLawmakers in the UK Advocate for Lower Digital Pound Holding Thresholds
UK Lawmakers are urging the government to consider reducing holding limits for a looming digital pound and ensuring its design doesn’t obstruct the option of earning interest. The UK and its...
View ArticleDepreciation of the Pound Sets the Stage for Increased Bitcoin Adoption in...
The UK government is constantly working to restore former economic glory in the wake of the digital age. Interestingly, Triple-A hinted that close to 750 million individuals would have adopted...
View ArticleUnderstanding DeFi and its Benefits to the Banking Sector
From 2020, banks and other financial institutions have increasingly engaged with Web3 services in the UK. This move also applies to DeFi, as several potential cases that could trigger a new wave of...
View ArticleExploring the Future: Bitcoin as a Catalyst for Central Bank Digital Currency...
Is CBDC Bitcoin the next big thing? Blockchain technology has truly shaken up the financial landscape, paving the way for direct transactions between peers, and hence, no middlemen required. Now, the...
View ArticleDigital Currencies: Governments Embrace the Future of Money
Why are Governments going digital? Suffice it to say there is a looming shift in the finance world – a major one, for that matter. Central Bank Digital Currencies (CBDCs) are quickly capturing the...
View ArticleThe Digital Dollar Faces Opposition in the US
In a recent development, a group of US senators has positioned themselves to squarely reject the Biden administration’s ambition to introduce a central bank digital currency (CBDC). In this case, a...
View ArticleThe European Central Bank to Invest Over a Billion Euros in the Digital Euro
Now more than ever, the European Central Bank (ECB) is committed to innovation within the financial sector. The bank plans to spend over one billion Euros towards the development of a Digital Euro....
View ArticleThe Digital Euro’s Impact on Banking
With traditional fiat currencies increasingly challenged by new and popular virtual currencies, the ECB evaluates the feasibility of a digital supra-national currency, CBDC, that can act in parallel...
View ArticleWill the Digital Euro be the Most Private Electronic Payment Option?
The European Central Bank is in stages launching the digital euro. Yet, this move has sparked debates and queries on the integrity and privacy of the digital euro. To calm the storm, Maarten Daman,...
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