The Turkish government is planning the deployment of a central bank digital currency (CBDC) infrastructure to be integrated with the country’s digital identity system and the Central Bank of the Republic of Turkey’s FAST instant […]
This past year, something happened at the World Economic Forum’s notorious confab at Davos which few gave much attention to at the time.
In a session of climate, ESGs and finance, the president of Alibaba Group announced that his platform […]
Aussies are demanding a cash guarantee and questioning the Reserve Bank’s online digital currency experiment.
So far, 99 per cent of Australians say they want a government guarantee that cash will always be available, even if a digital $A is introduced, according to the survey below. (Click through to have […]
Missouri Attorney General Eric Schmitt announced today that his office and 18 other attorneys general have served six major American banks with civil investigative demands, which act as a subpoena, asking for documents relating to the companies’ involvement with the United Nations’ (UN) Net-Zero Banking Alliance. The banks under investigation include Bank of […]
In another foretaste of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns them when they are going over the average.
Australia’s Commonwealth Bank (CBA) has […]
Where payments meet digital ID.
At the Authenticate 2022 event, Mastercard SVP of Digital Identity Sarah Clark detailed the company’s digital ID plans. Clark detailed Mastercard’s plans for a digital ID network at a presentation on “Use of FIDO in a […]
The deputy managing director of the International Monetary Fund (IMF) recently explained how Central Bank Digital Currencies (CBDC) can be programmed to determine what people are allowed to buy and insisted they should be used alongside a China-style Social Credit Score system.
Unlike cryptocurrency, which is private, Central Bank Digital […]
Towards a digital-only future.
One of the speakers at the 2022 International Monetary Fund (IMF)/World Bank Group (WBG) Annual Meetings, Kristalina Georgieva, IMF’s managing director, has revealed that this financial institution doesn’t like people using cash and wants to change that […]
