- December 21st, 2024
Kazakhstan's National Bank has introduced a digital analogue to the national currency, the tenge, to streamline financial transactions and reduce corruption. The Digital Tenge (DT) is a unique payment tool that is centrally issued by the National Bank, unlike cryptocurrencies....
China, a global leader in technology, is gaining momentum in the metaverse, with cities like Nanjing, Shanghai, and Zhengzhou actively advancing research and development in the virtual world. Nanjing has launched the China Metaverse Technology and Application Innovation Platform, while...
The basis behind central bank digital currencies (CBDCs) is an attempt to try and understand how these new digital instruments align with the two-tier banking system that we rely on for more than 400 years. dependent over the years. In...