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While China's CBDC sets the pace, the yuan stumbles in usage abroad
21.1.2021
The past two years were much harder on the dollar, however
Chinese cities continue to promote digital yuan through festive lotteries
21.1.2021
The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities
Japan Heading for Stage Two of its CBDC Pilot in Spring
21.1.2021
Japan’s central bank, the Bank of Japan (BoJ) is reportedly gearing up to move into the second phase of its three-part digital yen project- as the nation edges closer to rolling out a central bank digital currency (CDBC).
Officially the BoJ still remains firmly on the fence on the matter of CBDC...
Sweden is working with DLT for its CBDC proof-of-concept
20.1.2021
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration
Horizen Labs' co-founder says CBDCs could raise Bitcoin awareness
19.1.2021
Central Bank Digital Currencies, or CBDCs, will likely affect Bitcoin in some fashion
Bank of France settles $2.4M fund in central bank digital currency pilot
19.1.2021
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology
China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
17.1.2021
The BSN expects to complete integrations with a total of 30 public blockchains this year
Decred co-founder explains the possible effects of a CBDC takeover
17.1.2021
How would mass-scale CBDC issuance impact the crypto space?
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
17.1.2021
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed...
Central Bank Digital Currencies Not a ‘Fad,’ MetLife Investment Says
16.1.2021
The investment giant predicts CBDCs will continue gaining steam, although Western central banks have more outstanding questions than answers
China turns up pace on CBDC release, tests infrastructure prior to adoption
16.1.2021
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond
China’s blockchain project BSN to pilot global CBDC system in 2021
15.1.2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
15.1.2021
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's
15.1.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world...
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
13.1.2021
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
12.1.2021
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...
Is China Poised to Nationalize Alibaba?
12.1.2021
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts
Cointelegraph predictions for the first 5 CBDCs of 2021-2022
11.1.2021
2021 & 2022 touted to be the most important years for the development of CBDCs
State-owned Chinese bank rolls out ATMs for digital yuan
11.1.2021
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan