"Historically, Fed taper has been a headwind for bitcoin," one fund manager said.
The bank plans to expand the trial between September and December.
Cashless payments are increasing in Vietnam and the recognition of digital currencies by the central bank would help accelerate this process, an official said.
Wednesday's Fed policy statement is likely to see a binary market reaction.
Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.
The central bank governor has pledged to monitor transactions of Korea's financial institutions associated with leveraged crypto trading.
Bigger than bitcoin, that's for sure.
The Digital Dollar Project's first five pilots will launch during the next year.
In the company’s latest quarterly earnings call, CEO Michael Miebach noted that the company is investing in smart contract technology to pair with central bank digital currencies.
The head of Turkey’s central bank ruled out a total ban of cryptocurrencies and said a wide range of crypto regulations is coming within two weeks, Trade Moneta reported.
Money's three social functions – storing value, exchanging it and providing a unit of account – are unraveling, with dramatic implications, says EYQ's Insights Director.
The RBI is examining the impact of the digital rupee on the financial stability in the economy.
Central banks remained adamant private stablecoins do not factor into their CBDC calculus.
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.
The Director of the Cato Institute's Center for Monetary and Financial Alternatives gives an eye-opening, 200-year history of today’s most powerful economic institution.