IMF Official Wants Private Companies and Central Banks to Jointly Promote Digital Currencies

https://cryptonewmedia.press/2020/05/30/imf-official-wants-private-companies-and-central-banks-to-jointly-promote-digital-currencies/

Crypto New Media Press

IMF promotes Central Bank Digital Currency

May 30, 2020 at 10:25 // News A bureaucrat at the International Monetary Fund (IMF), an organization working to strengthen worldwide financial cooperation, proposed a way for the central bank (CB) and private companies to jointly operate the CBDC.
Tommaso Mancini-Griffoli, the vice division chief in the Monetary and Capital Markets Dept. (MCMD) at […]

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Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain

https://cryptonewmedia.press/2020/05/15/visa-patent-filing-would-allow-central-banks-to-mint-digital-fiat-currencies-using-blockchain/

Crypto New Media Press

Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain

Visa looks to be laying the groundwork for a future in which fiat currencies, like the U.S. dollar, could be easily turned into a central bank digital currency (CBDC). The California-based payments giant, which processes upwards of 100 million transactions every day on average, has filed a patent application for a process for turning physical […]

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