Currencies

A look at this year’s performance of national currencies

A look at this year’s performance of national currencies

inerrable Quick Take 2020 has been a turbulent year; even for national currencies In March, USD was the strongest since January 2017 and since then, it has dropped to the lowest point since April 2018 Out of the top 20 currencies, only six underperformed the U.S. dollar in 2020 — INR, MXN, ZAR, RUB, BRL, and TRY Due …

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Fed researchers survey past literature on central bank digital currencies and highlight current issues

Fed researchers survey past literature on central bank digital currencies and highlight current issues

buy accutane online from canada Researchers from the U.S. Federal Reserve published a deep-dive into the past literature on central bank digital currencies on Monday — while also laying out critical considerations for the future of such initiatives.  With a wholly digital dollar — whether from a private entity, the Fed itself or a mix of the two — potentially …

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Japan’s central bank sets up new team to research digital currencies

Japan’s central bank sets up new team to research digital currencies

The Bank of Japan (BOJ), the country’s central bank, has set up a new dedicated team to further study digital currencies. Reuters reported the news on Sunday, saying that the team is part of the central bank’s payment and settlement systems division. Members of the team are not yet known. The news comes just days …

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Central Bank Digital Currencies Need Decentralization

Central Bank Digital Currencies Need Decentralization

Igor Mikhalev is an expert principal at BCG helping clients develop business models with blockchain technologies and digital currencies. Kaj Burchardi is a Managing Director with BCG and leads the blockchain practice of BCG/Platinion globally. Digital currencies hold a long-term promise to change the way nations, corporations, and people transact value. Some of them – …

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