Despite crypto crash, financial institutions are cautiously wading into digital assets

Despite crypto crash, financial institutions are cautiously wading into digital assets

Source: OMFIF This year will be remembered as one of reckoning for digital assets. After years of slushy and speculative asset price growth and the spread of numerous junk cryptocurrencies, with at best dubious value, the rapid collapse of the crypto world is something many economists had expected for a long time. Yet, amid such dynamics is […]

CBDCs present new opportunities for handling disputes and fraud

CBDCs present new opportunities for handling disputes and fraud

Source: OMFIF, written by Neha Narula, Tadge Dryja, Muhammad Saad, Adam Oest and Sarah Xu Central bank digital currencies potentially offer, in a digital form, the advantages of central bank money: settlement finality, liquidity and integrity. However, both offline and online commerce are susceptible to fraud and other kinds of disagreements. The existing techniques for […]