Digital Yuan Transactions in China China’s digital yuan has seen tremendous success since its pilot launch in January 2022, with People’s Bank of China governor Yi Gang claiming that over…
Instant Payments and CBDCs The United States Federal Reserve recently clarified that its new service for instant payments between organizations — the FedNow Service — has no relation with central…
Geist Finance Shuts Down Permanently The development team of the Geist Finance lending protocol announced on July 14 that the protocol will be shutting down permanently due to losses from…
