What’s the Deal With the New ‘Unicoin’ International CBDC

This week, the Digital Currency Monetary Authority launched a new international CBDC called Unicoin (UMU). What is it, and what are its implications? Central bank digital currencies (CBDC) have been a hot topic this year. The European Central Bank is due to finish its investigation into a digital euro in October. This week, the Bank of England announced it is looking to grow its CBDC team for a potential ‘Britcoin.’ Also, this week, Sweden has just published the third round of its pilot report for its own e-krona. While many countries are in the investigation phase, far fewer have launched