Publicly revealed by the People’s Bank of China (PBOC) in 2019, China’s central bank digital currency (CBDC) project—the Digital Currency Electronic Payment, or DCEP—is an early-stage endeavour to rewire the global economic system using emerging …
Tag Archive for: "money"
Chinese and European aspirations to weaken the dominance of the US dollar as the global currency of choice have come to naught, with the latest global survey showing the greenback is on one side of …
De-risking practices initiated by Australia’s financial institutions are inadvertently threatening our national security because they perpetuate high risk unregulated banking channels which allow terrorist groups to move illicit funds without detection. This contemporary phenomenon, also …
There’s a new taskforce in town, and this time, the effort aimed at reducing welfare fraud. While some claim that pursuing welfare fraud demonises women and requires significant resources to reclaim insignificant amounts, it’s still …