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Payments System

Michelle Bowman’s Candid Take on Financial Innovation: A Deeper Dive into CBDCs and Regulation

Federal Reserve Governor Michelle Bowman shares her candid thoughts on CBDCs, stablecoins, and the future of financial regulation.

Revolutionizing International Payments: Insights from BIS’s Project Icebreaker

Discover how BIS’s Project Icebreaker could revolutionize international payments with CBDCs, enhancing efficiency and security.

Central Bank of Chile Hits Pause on Digital Peso Plans Amid Risk Assessments

The Central Bank of Chile pauses its digital peso plans, prioritizing risk analysis while exploring CBDC benefits through stakeholder engagement.

Twitter’s Future Payments System: Crypto Dreams and Fiat Realities

Discover Twitter’s plans for a new payments system led by Elon Musk and its future potential crypto integration.

Australia’s Bold Leap Towards a Central Bank Digital Currency and Crypto Reform

Explore Australia’s upcoming CBDC rollouts and groundbreaking crypto reforms paving the way for a new fintech future.

Central Bank Digital Currency: Michelle Bowman’s Cautious Approach

Michelle Bowman cautiously discusses CBDC’s role in the payments system, expressing skepticism about its necessity and implications.

The Digital Ruble: Russia’s Take on Virtual Currency and Transaction Fees

Explore the details of Russia’s digital ruble, its transaction fees, and its implications in the world of cryptocurrencies.

The Urgent Call for the Fed to Launch Real-Time Payments Amid Libra Concerns

Commissioner Chopra stresses the urgency for the Fed to implement the FedNow Service in response to the threats posed by Facebook’s Libra.

Mark Zuckerberg’s Assurance: Libra Will Wait for U.S. Approval

Mark Zuckerberg assures Congress that Libra won’t launch without U.S. regulatory approval, stressing financial data protection and competition with China.