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Nalezeno "G7 CBDC": 2912

Federal Reserve Bank President Says Bitcoin Is Clearly a Store of Value


The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief...

Bahamas, Cambodia, China Lead Global CBDC Race, UK Launches Taskforce


The Bahamas, Cambodia, and China are the three countries with the most mature central bank digital currency (CBDC) projects, as only 23% of the world’s retail projects have reached the implementation stage, and close to 70% of wholesale projects are in pilot program phase, according...

Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’


The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”...

China’s PBOC Tests CBDC in Hainan; Biden Team Wary


The People’s Bank of China has initiated the highly-anticipated Central Bank Digital Currency (CBDC) pilot trials in the Hainan Province following tests in other regions of the country. The tests will last from April 12 to April 25, 2021. The government officials of Sansha City, along with staff...

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