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China doles out millions in digital yuan in bid to boost adoption: Report
6.2.2023
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season
Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’
17.1.2023
After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it paid particular attention “to risks...
Tanzania ‘cautious’ on CBDC adoption after initial research
16.1.2023
The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption
BIS report finds uneven progress, differing motivations in African CBDC adoption
24.11.2022
A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC
Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption
18.7.2022
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings and why the likelihood of CBDC adoption worldwide could be based on Chinese technology
Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow
7.5.2022
The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone....
Read More: Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow
Crypto Adoption Continuing in Developing Countries Despite Price Drop
29.4.2022
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said....
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Digital Yuan Now Being Used to Pay Taxes in Chinese Pilot Zones
29.4.2022
Some Chinese citizens now appear to be paying their taxes in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.
Per Hangzhou.com, a number of government organs in Zhejiang province are trialing solutions that involve “the online transfer of digital yuan”...
UnionPay Launches Self-service Platform for Merchants to Add Digital Yuan Pay Options
29.3.2022
Chinese businesses are finding more uses for the digital yuan – with merchants being offered services that allow them to sign up to receive central bank digital currency (CBDC) payments through third-party operators.
Per an article from China National Radio, the domestic financial behemoth...
Year of the Tiger May Be the Year of the Digital Yuan as China Celebrates with More CBDC Adoption
1.2.2022
For millions of Chinese people living in the “10+1” pilot cities trialing the digital yuan, the Year of the Tiger is off to a lucrative start, with companies on an adoption drive that is seeing them slash prices for digital CNY customers, give away tokens and more.
The busy Lunar New Year...
Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News
26.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News
UK will likely need to issue a digital currency, says BoE deputy governor
14.5.2021
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention
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
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
Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework
4.1.2021
Stellar XLM’s development arm will work with the Ukrainian government on several digital asset initiatives
Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
20.11.2020
Central bank digital currencies can have broad implications for the global balance of power, experts say
‘The cryptoruble is the future’ says Russian policymaker
22.10.2020
The parliament member claimed that there are no anti-blockchain voices in the Russian government
Comparing Money Laundering With Cryptocurrencies and Fiat
30.7.2020
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk
French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot
20.7.2020
The central bank of France is about to start several experimental trials centering the digital euro
Global Compatibility Is A Key Factor In The CBDC Race, Says Expert
7.7.2020
CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert