CBDCs have gained attention in recent years as a potential solution to the challenges posed by the increasing use of digital payments and the rise of private digital currencies such as Bitcoin.

Challenges of digital transformation in banking — and ways to overcome them Despite the benefits, banks face several challenges as they undergo digital transformation.

But the Fed, which would oversee it, has kicked off the debate with a comprehensive paper on potential advantages and disadvantages. And there are risks.

Key Points Precious metals, especially gold, have historically been dependable repositories of wealth in terms of value retainage, especially during periods of government unrest and financial ...