Money creation in fiat and digital money systems Author / Publisher: Marco Gross; Christoph Siebenbrunner Publication date: December 20, 2019 Electronic access: Free download. Use the free Adobe Acrobat Reader to view this PDF file Disclaimer: IMF Working Papers describe ongoing research by the author (s) and are published to …

The People’s Bank of China is entering a new stage in its testing for a crypto payment system. The central bank announced that it had completed preliminary tests and turned to creating a testing ground with the help of major Chinese companies and banks. PBOC conducts pilot tests for its …