Credit: Mehaniq, Shutterstock New Zealand is the latest country to take forward steps in developing a Central Bank Digital Currency (CBDC), with the country’s central bank planning a consultation. The Reserve Bank…
Tag: Reserve
The Blockchain Bulletin: US not close to digital dollar according to Fed Reserve
Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and heavily impacting the payments industry, with cryptocurrencies, NFTs and the metaverse revolutionising the space. Some major regulatory announcements…
Federal Reserve Chair reveals US CBDC not happening anytime soon
credit: Shutterstock The Chairman of the Federal Reserve Jerome Powell recently told Congress that the US is not remotely close to establishing its own Central Bank Digital Currency (CBDC). Powell told the…
Reserve Bank of India lays down the law in non-compliance action with Paytm
credit: Shutterstock The Reserve Bank of India (RBI) is toughening its stance on its non-compliance rules for financial institutions following sanctions placed upon Paytm. In a statement released yesterday, Shaktikanta Das, Governor…