Former traditional finance executives who transitioned to crypto remain bullish about the industry’s future, finding greater freedom for innovation in the crypto space. Comparing crypto adoption to ESG criteria, they predict the technology will go mainstream within a decade.
Search Results for: DigitalX
First eAUD Foreign Exchange Transaction: Future of CBDCs and Pros-Cons Debate
Australia successfully completed its first foreign exchange transaction using eAUD, marking a milestone in the country’s central bank digital currency (CBDC) development. The eAUD transaction showcased quicker settlement and potential benefits over traditional FX, remittance networks, and fiat currencies. The ongoing pilot explores various eAUD use-cases, driving the world closer to CBDC integration in financial systems.