Today, Congress held an online hearing on how to distribute COVID-19 stimulus payments better, as part of the U.S. House Committee on Financial Services. Congressman Tom Emmer acknowledged that really there were two topics: firstly, how the government can better use technology to deliver services and secondly a central bank digital currency (CBDC). The focus […]
Today blockchain startup Billon Group announced it will run a pilot with Raiffeisen Bank International (RBI) to digitize bank account cash as RBI Coin. This follows a previous proof of concept by the two firms when Billon participated in the RBI Elevator Lab. The Austrian bank with 16.7 million customers has its main activities in Central and […]
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