News
3,684 articles tracked
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.
Could a digital pound accelerate Britain’s growth post-Brexit and retake London’s status as the European financial hub?
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.
Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective.
The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.
Next phase will explore whether blockchain can handle scaled-up retail payments
The Sveriges Riksbank said that CBDC technology still requires further investigation.
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to a report in SCMP. The report quotes Wang Xin, Head of Research at the PBoC,
Bank of Japan reveals it began Phase 1 of its digital currency tests. Other countries like China are also working on their own initiatives.
The first phase of Japan’s CBDC pilots will have been completed by March 2022, the central bank states.
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.
Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years.
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin's recent surge, despite cryptocurrency still being banned in China.
CBDCs: Bank of International Settlements explains how interoperability and common interfaces are needed for central bank digital currencies.