The digital renminbi and the rise of central bank digital currencies

The digital renminbi and the rise of central bank digital currencies

Author: Michael Sung, Fudan University A few years ago, governments were not prepared to accept any potential systemic disruption that digital currencies could have on the international monetary system. But positions have been changing drastically. Facebook’s June 2019 announcement of its own digital currency, initially called Libra, then known as Diem, was a shot heard

Bank Of Montreal (BMO) Q3 2021 Earnings Call Transcript

Bank Of Montreal (BMO) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. Bank Of Montreal (NYSE:BMO)Q3 2021 Earnings CallAug 24, 2021, 8:15 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the BMO Financial Group’s Q3 2021 Earnings Release and Conference Call for August 24th, 2021. Your host for today is Ms. Christine Viau, Head

Bank of Ghana To Launch Pilot CBDC Project In Partnership With German Technology Firm

Bank of Ghana To Launch Pilot CBDC Project In Partnership With German Technology Firm

Ghana is one of the few African countries that is hopping on the cryptocurrency train. The country is particularly taking concrete steps towards embracing this innovation. During the Fifth Ghana International Trade and Finance Conference in Accra, The Vice President of Ghana – Dr. Mahamudu Bawumia – said that African governments should embrace virtual currencies.

Central Bank of the Future project concludes with insights on technology, calls for financial inclusion

Central Bank of the Future project concludes with insights on technology, calls for financial inclusion

As the role of central banks evolves, innovations that will boost financial inclusion need to be at the forefront of all actions they undertake. That’s the conclusion of the two-year Central Bank of the Future research project, conducted by the Ford School of Public Policy’s Center on Finance, Law & Policy, with support from the

Musim Mas, MUFG Bank, Danamon, and iAPPS Collaborate to Promote Financial Inclusion Among Independent Smallholders

Musim Mas, MUFG Bank, Danamon, and iAPPS Collaborate to Promote Financial Inclusion Among Independent Smallholders

SINGAPORE –News Direct– Musim Mas Independent smallholders using the AgriOn platform at a financial literacy workshop conducted by Musim Mas. SINGAPORE/JAKARTA, July 21, 2021 /3BL Media/ – A digital finance and financial learning platform, AgriON, will soon be in the hands of oil palm independent smallholders enrolled in Musim Mas Group’s smallholders programme. The culmination

National Bank of Ukraine prioritizes green finance

National Bank of Ukraine prioritizes green finance

The National Bank of Ukraine in central Kyiv. (REUTERS/Valentyn Ogirenko) The past eighteen months of pandemic disruption have been a transitional period for the entire world that has also brought rapid change to financial ecosystems. The Ukrainian banking sector is now adapting to this new reality, along with the entire Ukrainian business community. Without any