banks

Banks Charge Up to 70 Cents Per Transaction

Banks Charge Up to 70 Cents Per Transaction 1024 500 Crypto Rand Group

In the corona crisis, many consumers use contactless transaction options. This reduces the contact between buyer and seller and a possible risk of infection with Covid-19. Even small shops, bakeries…

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Central bank cryptocurrencies

Bank of England Exec Says Cryptocurrencies are Crucial for Central Banks

Bank of England Exec Says Cryptocurrencies are Crucial for Central Banks 1024 500 Crypto Rand Group

The Bank of England’s (BoE) chief cashier, Sarah John, said it is “crucial” central banks research cryptocurrencies so they can strike a balance with private issuers. John said it was…

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US bank digital

US Central Bank Looking to Create its Own Digital Currency

US Central Bank Looking to Create its Own Digital Currency 1024 500 Crypto Rand Group

The U.S. central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard. “Given the dollar’s important role, it is essential that we remain on…

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Central bank digital

Major Central Banks will Discuss Digital currencies

Major Central Banks will Discuss Digital currencies 1024 500 Crypto Rand Group

Six major central banks will meet in April to discuss the development of central bank digital currencies (CBDC). The Japan Times reported on Feb. 6 that — according to a…

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