The concept of central bank digital currencies are gaining ground, with the recent unveiling of plans by a Facebook-backed collective sending regulators scrambling to erect an alternative that has official legitimacy
Ripple announces a collaboration with money transfer service MoneyGram this week as Facebook is about to disclose its hotly anticipated cryptocurrency project. What does this mean for treasurers? A new mode of exchange.
Just as others – including heavyweights IBM and JP Morgan – are racing into the cryptocurrency space, Citibank is getting out. Just how useful will this kind of tech be for corporate treasury?