MicroStrategy’s founder and Bitcoin maximalist Michael Saylor on Monday said central bank digital currencies (CBDC) are unstable and destined to fail. He believes Bitcoin is better due to its relation to scarcity, time, and energy. In fact, Bitcoin’s...
Cardano founder Charles Hoskinson has stated that he does not buy the idea of a Central Bank Digital Currency (CBDC). The growing interest by world governments in developing CBDCs has sparked several debates surrounding excessive government control and...
One of the key obstacles in rolling out a central bank digital currency (CBDC) is the risk of fraud, said Reserve Bank of India (RBI) governor Shaktikanta Das at a press conference after the monetary policy meet on...
The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In...