Chinese Central Bank pledges global expansion of digital yuan — Report

China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).According to a Reuters report, China is creating an international operatio

African Payment System Gets Banker’s Endorsement, but Viability Questions Linger

The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (P