How the digital yuan stablecoin impacts crypto in China: Experts answer
This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the …
Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
The Governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies, or CBDCs. In an …
Can a digital pound CBDC retake London’s financial hub status post-Brexit?
A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. …
Digital yuan campaign planned for contested island in the South China Sea
South China’s Hainan Province, which administers the prefectural Sansha City on a disputed archipelago in the South China Sea, will run a two-week campaign later this month to promote the use of …
Sweden’s central bank completes first phase of digital currency pilot
After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee and kanelbullar with e-krona. In …
Bank of Japan begins first digital currency proof of concept
The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday. Following initial preparations to test …
Bank of Thailand to begin central bank digital currency tests in 2022
The Bank of Thailand has set its agenda for a retail central bank digital currency with preliminary testing protocols scheduled to begin in Q2 2022. Thailand’s central bank made this …
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in …
Eastern Caribbean Central Bank’s DCash digital currency goes live
The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash. The ECCB announced the launch of its CBDC for the region via a media event …
Digital euro could take four years, says ECB president Christine Lagarde
It could be a while before European Union gets a central bank digital currency, if it gets one at all. In a Wednesday interview with Bloomberg Television, European Central Bank President Christine …