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Central Bank Digital Currency: The birth of a fintech arms race?

2020-10-13 02:00:00| Total Telecom industry news

We have heard it time and time again during the pandemic: digitalisation is accelerating. But while this change has been dramatic in a whole variety of industry sectors, in the financial sector the change could in fact be as profound as changing the form of currency itself: so-called Central Bank Digital Currency (CBDC).   CBDC is a digital, electronic form of central bank money; effectively, a digital form of cash.   There are maybe two starting points for this transformation. The first is the emergence of cryptocurrency. We have all heard of Bitcoin,perhaps the most well-known digital currency, but there are rafts of alternative cryptocurrencies available online…read more on TotalTele.com »

Tags: digital central bank race

 

Liam Fox: Tory MP out of WTO leader race as field narrows

2020-10-08 12:31:08| BBC News | Business | UK Edition

The ex-cabinet minister has not made the final two in the contest to lead the global trading body.

Tags: field leader race fox

 
 

Asda: UK billionaire brothers edge ahead in race to buy supermarket

2020-09-28 17:29:14| BBC News | Business | UK Edition

The Issa brothers and TDR Capital are the preferred bidders to buy the UK supermarket chain from Walmart.

Tags: buy edge race ahead

 

Wells Fargo's Charles Scharf apologises over race comments

2020-09-24 01:42:21| BBC News | Business | UK Edition

The head of the US bank apologises for an "insensitive comment reflecting my own unconscious bias".

Tags: comments charles race wells

 

Liam Fox still in running for WTO chief as race narrows

2020-09-18 14:00:30| BBC News | Business | UK Edition

The ex-international trade secretary is in the final five for World Trade Organization job.

Tags: running chief race fox

 

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