Do Central Banks Require Digital Currencies to Maintain Relevance in the 21st Century?

The potential integration of digital currencies by central banks, both for wholesale and retail purposes, has become a topic of significant interest and discussion. European Central Bank Governing Council member, Francois Villeroy de Galhau, believes that central banks should consider…

Project Agora aims to revolutionize payments through tokenization and global central bank collaboration

The Bank for International Settlements (BIS) and seven central banks, including the Federal Reserve Bank of New York, are embarking on an innovative project to leverage tokenization for improving the efficiency and reliability of international payments. They are collaborating with…