CBDC
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Norway’s central bank is trying out its own digital currency A cashless society may not seem so far away in the distant future. But the current digital alternatives such as cryptocurrencies have proved volatile, while the other blockchain assets, non-fungible tokens (NFTs), have fallen out of favour since their hype. A different approach to blockchain…
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India has become the latest country to consider issuing a central bank digital currency (CBDC), the country’s reserve bank deputy chief announced on Thursday. T. Rabi Shankar, the deputy governor of the Reserve Bank of India, said the bank was considering a phased introduction of its own CBDC and is examining various issues including the underlying technology…
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