G7 finance officials endorse principles for central bank digital currencies
G7 finance officials endorsed 13 public policy principles. This is for retail central bank digital currencies. The treasury department announced this through their statement. Group of Seven finance ministers and central bankers said in a joint statement that the innovation in digital money and payments has the potential to bring significant benefits. But also raises considerable public policy and […]
The increasing scope for digital currencies
The central banks across the world are planning on looking for the possibilities of introducing the digital currencies as the economies move towards the digitization in many sectors. The popularity Bitcoin and other crypto currencies are receiving has created a developed interest in the central banks digital currencies (CBDCs) and it only seems to be […]