Singapore’s central banker, Ravi Menoh, believes the era of private cryptocurrencies is coming to an end, and that a new era of digital currencies, regulated by governments, has begun.
Daniel Flatley, Sarah Kreps, Chris Meserole, and Matthew Pines discuss the implications of digital currencies for strategic competition, and the economic, legal, and security risks associated with their use.
David Marcus, the former president of PayPal, has set his sights on making Bitcoin a global payment network. He’s confident that his experience and team can make it happen.
CBDCs, or Central Bank Digital Currencies, are a new type of digital money that could change the way we transact and view money for good. Could they also further weaken protections against money laundering, tax evasion, and corruption?
PayPal is now enabling users to buy, sell, and hold cryptocurrency directly in their app. This new feature allows users to convert their PYUSD to Bitcoin and other major cryptocurrencies.