Tagged: cdbc

Trump Treasury Secretary Pick Scott Bessant Not Interested in CBDCs

Scott Bessant, incoming President Donald Trump’s selection to become the Secretary of the Treasury, is not supportive of a CBDC or central bank digital currency. A graduate of Yale, Bessent is a hedge fund manager who worked for George Soros at one time, but today,… Read More

CBDCs: Japan Appoints Panel to Determine Feasibility of Issuing a Virtual Yen

Japan’s Finance Ministry is reportedly planning to appoint a panel of experts this coming month in order to determine the feasibility of issuing a digital yen. This, according to a report  from NHK. The ministry’s panel in Japan will be going over how to establish… Read More

Central Bank Digital Currencies: Bank for International Settlements Weighs in on Government Crypto

Rise of the CBDC Coin? Perhaps. The Bank for International Settlements have added their $0.02 to the discussion in a recently published paper from the Committee on Payments and Market Infrustructure, Markets Committee. The report entitled Central Bank Digital Currencies (or CDBCs) is the work… Read More

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