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Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds

Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds

Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

In a survey conducted by The Economist and Crypto.com, it found that consumers generally had more trust in central bank digital currencies (CBDCs), rather than decentralized cryptocurrencies.

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held in its capital, Beijing. The meeting focused on the technological achievements made in 2019, an in-depth analysis of the current situation and challenges, and the upcoming key plans for 2020.

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