• Home
  • News
  • Consensus 2022 Visitor Guide: CBDCs and Public Money

Consensus 2022 Visitor Guide: CBDCs and Public Money

Consensus 2022 Visitor Guide: CBDCs and Public Money

A handful of small countries – the Bahamas, Nigeria – have launched fiat digital currencies, but more than 30 nations are developing or pilot testing them, including China. Last week, the city of Shenzhen in southern China announced $4.5 million in digital yuan as stimulus payments to residents to counter the negative economic effects of the pandemic. The U.S. is considering a digital dollar, but Federal Reserve Vice Chair Lael Brainard said recently it would take approval from the White House and Congress and would take at least five years to materialize. At this year’s Consensus festival in Austin, Texas, from June 9-12, some of the biggest names and most vibrant minds will come together to debate issues in the rapidly changing financial ecosystem.

Recent Post

Market cap
Educational

What is Market Cap in crypto?

Market cap is a well-known term in the field of stocks as well as cryptocurrency. Understanding the market cap can give us an oversight of

Read More »
NFT Marketplace
Educational

What is NFT Marketplace

An NFT (Non-Fungible Token) is a unique data unit that lets digital content become authenticated and logged on cryptocurrency blockchains.

Read More »