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In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily ban
The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.
China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18,
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented wit
The French central bank has announced the first successful test of a digital euro.
Chinese Communist Party school publishes a new book on crypto.
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report.
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular.
A stabilised digital coin could be used as a tool to help mitigate the effects of hyperinflation on individuals' asset value.
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain.
New Central Banking survey finds central banks favour DLT for possible digital currency projects
The National Bank of Cambodia is set to launch its nationwide Distributed Ledger Technology (DLT) Payment Network. Users will be able to transact, send, and receive money instantly on mobile devices via QR codes.
In the wake of the announcements of Facebook's Libra and the Chinese government’s intention to have a Central Bank Digital Currency (CBDC), the topic of CBDCs as a new component of a country’s legal tender has become popular with governments and commentators. The basic idea
Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus.