Sundberg emphasises these ideas are just for testing and the underlying technology could still dramatically change.
China is rolling out its digital currency.CREDIT:BLOOMBERG
China mourns for coronavirus (COVID-19) victims on Qingming tomb sweeping festival.
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TEGUCIGALPA, March 26 (Reuters) - Honduras’ economy is expected to grow up to 5.2% in 2021, the central bank president said on Friday, a major rebound from a contraction in…
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Potential central bank digital currencies would need to be integrated into existing payment systems alongside cash and other forms of money, Federal Reserve Chair Jerome Powell said.
© Reuters. Closed-down businesses amid the coronavirus disease (COVID-19) pandemic, in Madrid
The evolution of the banking system, as I previously described it, was “ideal-typical.” The description’s purpose was to get at the essence of how monetary institutions work.
Customers talk against a backboard with signs of cryptocurrency during 2020 Taipei International Finance Expo in Taipei, Taiwan, November 27, 2020. PHOTO: REUTERS