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Search Result for “cbdc”

Showing 1 - 9 of 9

OPINION

Central banks eye digital coins

News, Mike Peacock, Published on 25/04/2025

» Central bank digital currencies (CBDCs) have often been deemed a solution in search of a problem. But US President Donald Trump appears to have provided a rationale for CBDCs, even as he has banned the development of a digital dollar.

OPINION

CBDC straitjacket

Postbag, Published on 31/03/2025

» Re: "More central banks adopt digital currencies -- study", (Business, Sept 19, 2024).

OPINION

Stablecoins can defend the dollar

Oped, Paul Ryan, Published on 14/11/2024

» Imagine a world where China has supplanted the United States atop the world economy, and the renminbi, not the greenback, is the global reserve currency. This scenario would be disastrous for US citizens, businesses, and allies. Given America's record high debt and unsustainable spending, reduced demand for dollar assets would cripple the US economy. The government would be forced to cut public services and military expenditures, altering almost every facet of American life -- and not for the better.

OPINION

Industry rules are broken, not cryptocurrencies

News, Koray Caliskan, Published on 31/08/2023

» When the Venetian merchant Marco Polo travelled the Silk Road in the thirteenth century, he encountered not only unfamiliar peoples, but also new (to him) forms of finance. In China, he was shocked to learn that Kublai Khan had introduced paper money. It was lighter, easier to transfer and store, and more valuable than the metal coins packed in his purse. After returning to Venice, Marco Polo taught his fellow merchants how to use the Khan's innovation. Even though some rejected the flat, foldable currency, arguing that it was no gold and never would be, paper money would change the world.

OPINION

Election fever

News, Postbag, Published on 25/09/2022

» Re: "EC plans to hold general election on May 7, 2023", (BP, Sept 22).

OPINION

Rules a boon for future of crypto

Oped, Pang Xue Kai, Published on 16/03/2022

» The hottest tech trends across Asia are undoubtedly crypto and non-fungible tokens (NFTs). Amidst it all, Thailand is making waves in the industry by increasing its support for homegrown crypto traders and investors in a bid to make the country more crypto-friendly.

OPINION

Crypto gets shot in arm

News, Editorial, Published on 08/11/2021

» The future outlook for cryptocurrencies in Thailand is promising after SCBx Group acquired 51% of Thailand's leading digital asset exchange, Bitkub Online Co, with a huge investment value of 17.85 billion baht.

OPINION

Thailand's fintech comes of age

Oped, Piyachart Ratanaprasartporn, Published on 28/07/2021

» While the Covid-19 pandemic has adversely disrupted many industries globally, it has positively disrupted the finance sector -- especially in accelerating the evolution of FinTech solutions.

OPINION

Bitcoin craze needs order

News, Editorial, Published on 15/02/2021

» Bitcoin mania, which has driven its price to a record high above 1.4 million baht, has sent signals to authorities as to whether they are ready to handle the rise of digital currency transactions.