Mark Carney, one of the most prominent central bankers of the post-financial crisis era, has officially joined the digital payments company. Stripe has all but abandoned cryptocurrency payment solutions for the time being, but its founders are positive about the emerging industry.
MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
From privacy to political power, China’s digital yuan will have far-reaching implications.
Central banks remained adamant private stablecoins do not factor into their CBDC calculus.
Sessions devoted to “resetting digital currencies” are scheduled at this week’s Davos Agenda.
Retail users may have to wait in much of the world, however.
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration.
The BSN expects to complete integrations with a total of 30 public blockchains this year.
The investment giant predicts CBDCs will continue gaining steam, although a “launch among Western countries seems unlikely to occur anytime soon.”