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Guide To Understanding CBDCs
Central Bank Digital Currency (CBDC)
April 16, 2023
by CCM

CBDC: A Guide To Grasping Central Bank Digital Currency

Some people believe that CBDCs, or Central Bank Digital Currencies, are the future of money. Frankly, whether they are or are not is very much up for debate. However, they may have a valid argument given the speed at which the

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How CBDC stacks up to cash
Central Bank Digital Currency (CBDC)
March 30, 2023
by CCM

Debating the Dough: How CBDCs Stack Up to Cash

On its face, you might be wondering, why do I need to know about the differences between a CBDC and cash? Afterall, we've been using "digital money" for years. Our paycheck gets digitally deposited into our bank

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which is better cryptocurrency or banks
Cryptocurrency Basics
September 18, 2022
by CCM

Which Is Better: Cryptocurrency or Banks?

In order to transact just about any type of business in our economy, you need to interact with the banking system. For many, this is a relatively smooth experience, however there are times that it can be cumbersome and excluding.

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Digital Currency: Will It Replace Paper Money
Central Bank Digital Currency (CBDC)
September 14, 2022
by CCM

Digital Currency: Will It Replace Paper Money?

Since President Biden signed Executive Order 14067 on March 9, 2022, there has been much debate about digital currency. This debate has revolved around the creation and issuance of a U.S. Central Bank Digital Currency (CBDC) and whether or not

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Biden’s Crypto Executive Order
Central Bank Digital Currency (CBDC)
March 14, 2022
by CCM

Biden’s Crypto Executive Order

On Wednesday, President Joe Biden issued an executive order directing the federal government to begin developing policy for digital assets, including cryptocurrencies, that encourages innovation whilst reducing dangers to consumers, investors and the global financial system. The details of the executive

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Jamaican Prime Minister Optimistic About Adoption of CBDC
Central Bank Digital Currency (CBDC)
January 28, 2022
by CCM

Jamaican Prime Minister Optimistic About Adoption of CBDC

The topic of central bank digital currencies (CBDCs) has sparked debate across different countries. While the majority are yet to make any significant strides on the issue, some countries are already steps ahead and pushing for adoption. Jamaica’s central bank completed

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WeChat Announces Plans To Support Digital Yuan
Central Bank Digital Currency (CBDC)
January 10, 2022
by CCM

WeChat Announces Plans To Support Digital Yuan

China’s digital yuan is proving to be a major success as time goes by. The level of adoption for this digital currency currently sits at record highs and this is expected to spike after the recent announcement by WeChat. WeChat, the

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Nigerian Court Gives Green Light To eNaira CBDC
Central Bank Digital Currency (CBDC)
October 20, 2021
by CCM

Nigerian Court Gives Green Light To eNaira CBDC

The Federal High Court of Nigeria has given the go ahead for the rollout of a Central Bank Digital Currency (CBDC). The regulator now joins the list of other global regulatory bodies that are approving the use of CBDCs as

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World Bank & IMF Back CBDC Development
Central Bank Digital Currency (CBDC)
July 23, 2021
by CCM

World Bank & IMF Back CBDC Development

The World Bank and the International Monetary Fund (IMF) have come together to discuss the benefits realized from adopting central bank digital currencies (CBDCs). The two financial institutions discussed CBDC adoption during the G20 summit. The joint report was also backed

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Tanzania Shows Optimism About Adopting Cryptocurrency
Cryptocurrency Adoption
July 5, 2021
by CCM

Tanzania Shows Optimism About Adopting Cryptocurrency

The Tanzanian Central Bank has stated that it works closely with the country’s president, Samia Suluhu Hassan, towards adopting cryptocurrencies. According to reports, the president had issued a directive urging relevant stakeholders to prepare to accept cryptocurrencies.     The recent show of

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