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The ABA said that it has not seen a compelling case for the pursuit of the Digital Dollars as any attempt to float the new form of money will undermine the role of banks and private financial institutions in the country. (Read More)
Chile’s apex bank, Banco Central de Chile is exploring more research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not (Read More)
. The American Premium Water Corporation (APW), a diversified consumer products company, has announced its intention to acquire CloudXchange DataCentre Pte Ltd (CloudX SG), an entity that engages i...
The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. (Read More)
The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy. (Read More)
Banco de México, the Central Bank of Mexico has revealed that its projected CBDC will be up for public distribution by 2024. (Read More)
The US Treasury Secretary Janet Yellen said that the move by the American Federal Reserve to develop a Digital Dollar or Central Bank Digital Currency (CBDC) can only take place following a general consensus amongst all parties of interest. (Read More)
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