Breaking: Bank of America is working with Ripple & Ripple XRP ODL Partner is a Game Changer

Key Take Aways on Bank of America Pod Cast Key takeaways Businesses have a wide range of digital options to pay, and get paid, across regions, segments and demographics In…

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Unlocking Financial Inclusion with CBDCs

The global pandemic exposed many existing government distribution channels for financial aid as inadequate. With roughly one quarter of the world’s population unbanked, a number of stimulus programs faltered and…

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Could the Rise of Central Bank Digital Currencies Topple the US Dollar Supremacy?

More than 60% of the world's Central Banks are now pursuing Central Bank Digital Currencies (CBDCs). Could this possibly challenge the autonomy of the US dollar?

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Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021

Countries that have just started participating in the development of Central Bank Digital Currencies (CBDCs) are doing pretty well. Ghana is now launching its digital cedi in two months. In…

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60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the ‘Investigation’ Stage

The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc…

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Indian Banking Giant ICICI Restricts Customers from Using Remittance for Crypto Investments

Since the inception of Bitcoin (BTC), India’s attitude on cryptocurrency adoption has been a grey area. In what appears to be yet another setback for the Indian crypto community, one…

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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points 

The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice…

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China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens

China is accelerating its pursuit of a digital yuan that is anticipated to be finally rolled out before the end of 2021. One of the reasons to issue its own…

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Banks Are Getting Increasingly Tough on Bitcoin and Other Cryptocurrencies Amidst Mainstream Adoption

About 86% of the central banks including Bank of America and the ECB, are busy delving into the development of CBDCs to defend their territories from the evasion of Bitcoin…

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Ethereum hits $3,000 for the first time, now larger than Bank of America

Further growth may be on the horizon for the world’s largest smart contract platform.

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