Non-fungible tokens as bonds are a new concept but could help establish central bank digital currencies, offering cheaper and safer transactions. It could also help central banks access alternative forms of financing and digitise traditional asset vehicles.
State Street Expands Into Crypto and Tokenization yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
The U.S. is starting a national conversation around a central bank digital currency (CBDC). Why it matters: Several other countries have already experimented with or released early versions of CBDCs. Such a pivot could aid underbanked populations, and help make banking and monetary policy more efficient.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeDriving the news: The Senate Banking Committee held a hearing on CBDC Wednesday, led by Sen. El