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The Digital Yuan testing is extending to Shanghai as residents will be given free money worth 19.25 million yuan.
The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency.
The People's Bank of China Launches a Pilot Scheme for Integrated Application of Financial data The People’s Bank of China has launched a pilot scheme for the integrated application of financial data across the country. Commercial banks, clearinghouses and non-bank payment platforms from Beijing, Jiangsu,
The G7 Finance Ministers, along with several international organizations, met the past couple of days in the UK to discuss 'building a strong, sustainable, balanced and inclusive global economic recovery.' Intermingled amongst the goal of creating a global minimum tax of 15% targeting big tech
Ghana is striving to become the first African nation to float a central bank digital currency.
Tinkoff's CEO complained that Russia's biggest online bank is unable to offer cryptocurrencies for clients due to the tough stance from Russia's central bank.
The ECB’s annual euro report stressed that a digital euro may be needed to fight off the threat of “artificial currencies” from “foreign tech giants.”
BoT will use Filia platform for proof-of-concept
Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost.
Local plans for digital currency and economic zone trigger concern at fund
Beijing residents should apply to participate in the lottery until midnight on June 7.
The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The authority plans to issue a total of $6.2 million worth of digital currency to Beijing residents through a lot
Ray Dalio disclosed that China’s yuan will become the global reserve currency sooner than expected and the digital yuan would be more competitive than the US digital dollar.
Riksbank governor Stefan Ingves said there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline.
China Securities Regulatory Commission Director suggests that China can utilize the BaaS infrastructure of public blockchain networks for CBDCs establishment.