Digital Euro Will Support, Not Replace, Physical Money in the Eurozone The European Central Bank (ECB) has been exploring the idea of introducing a digital euro, a form of central bank digital currency that would exist alongside cash. However, ECB board member Piero Cipollone has made it clear that the digital euro is not intended […]
Crypto ownership drops in Singapore
Crypto Ownership Drops in Singapore: Investors Flock to Safer Assets A recent survey has shed light on a significant trend in Singapore’s investment landscape: the decline in crypto ownership. As global markets continue to navigate through uncertainty, investors in the city-state are increasingly turning away from digital currencies and towards safer assets such as cash […]
### Consumers Prefer Cash Over CBDCs: An Important Trend in Digital Finance
As the world increasingly shifts towards digitization, the debate surrounding Central Bank Digital Currencies (CBDCs) has become a focal point in financial discussions. A recent survey by Deutsche Bank reveals a striking preference for cash among consumers, despite the growing interest in CBDCs. This article explores the reasons behind this trend, the implications for financial […]