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Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.

Bank of England Chooses Accenture To Rebuild UK Payment System

Bank of England Chooses Accenture To Rebuild UK Payment System

Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

The Central Bank of the Bahamas (CBOB) has says it wants its digital currency dubbed the Sand Dollars integrated with other countries' currency.

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed

Slow and steady wins the CBDC Race: there are several reasons why the United States' digital dollar development has an edge over China’s speedy approach to its digital yuan.

PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?

The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).

CBDC Privacy and Transparency: Double-Edged Sword of Blockchain

CBDC Privacy and Transparency: Double-Edged Sword of Blockchain

Privacy and transparency of CDBC, to enslave us or free us? that's the question.

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders

Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).

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