Central bank digital money

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It was reported Friday 17th November 2023 by the city-state’s central bank that Singapore will be piloting the live issuance and use of wholesale central bank digital currencies in 2024. During the pilot, the Monetary Authority of Singapore, (MAS) will partner with local banks to pilot the use of wholesaleRead More →

Central Bank digital money to replace cash

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IMF’s Kristalina Georgieva reportedly said that the public sector should keep preparing to deploy central bank digital currencies (CBDC’s) and related payment platforms in the future. But according to data from the Atlantic Council, only 11 countries have adopted CDBC’s thus far. Alternative to cash Central bank digital currencies (CBDC’s)Read More →