Financial messaging system SWIFT (Society for Worldwide Interbank Financial Telecommunications) has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies. The trial, which involved France and Germany's national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could be used internationally and even converted into fiat money if needed. Around 90% o
central bank (2)
The US president signed an executive order (E.O.) on 9 March for “ensuring responsible innovation in digital assets.” The E.O. is designed to, among other things, crack down on the use of cryptocurrency among cybercriminals.[1]
This long-awaited directive orders federal agencies, including the Department of Justice and the Treasury Department, to coordinate their approach to the booming cryptocurrency sector. Although the order does not lay out specific policy suggestions, it takes aim at cons
