Blockchain made up about 15 per cent of the talks at Money20/20 Asia this year, just slightly below the proportion of talks on AI, as interest remains high in Asia.
UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.23 and traded as high as $15.31. UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN […]
Central bank digital currencies are digital forms of fiat money, issued and regulated by a country's central bank. Unlike decentralized cryptocurrencies like Bitcoin, CBDCs are centralized and fully under the control of the issuing government. Currently, around 97% of all money is circulated digital.
During a meeting of the House Financial Services Committee this month, government officials discussed developments in digital identity technologies and central bank digital currencies. These technologies are terrifying to civil liberty advocates because of their potential to turbocharge government.