BJ’s Wholesale Club: The Next Costco On The Way (NYSE:BJ)

Monika Graff Investment Thesis In the shadow of the well-established and high-performing retail giant, Costco, stands BJ’s Wholesale Club Holdings (NYSE:BJ), a comparable business operating on a smaller scale. Remarkably, over the past five years, BJ’s has not only delivered superior returns in its share price but currently trades at less than half the multiple…

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Singapore to Begin Wholesale CBDC Issuance Next Year

The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes. Singapore is gearing up for a groundbreaking move into the era of Central Bank Digital Currencies (CBDCs), with plans to pilot the live issuance and use of wholesale CBDCs…

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South Korea to Start Wholesale CBDC Testing This Year 

Aside from the commercial bank, the Bank for International Settlements (BIS) will participate in the pilot to provide technical guidance and expertise to users.   South Korea has become the newest country to conduct a pilot program to explore the technical infrastructure necessary for a central bank digital currency (CBDC). On October 4, the Bank of…

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