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The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents.
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.
Mere existence of CBDC could discipline data-hungry payments firms, authors say
Speech by Mr Denis Beau, First Deputy Governor of the Bank of France, at the Paris Blockchain Week Summit 2020, 10 December 2020.
This event was held as part of a series of high-level webinars that will be livestreamed on our website to the general public as part of the 19th BIS Annual Conference.
The Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival.
Banking executive says JPMorgan has been active in blockchain for a while.
HKMA CEO Yue says cross-border e-yuan will offer additional payment options to locals
Will CBDCs disrupt stablecoins, or will they help each other?
Allaire also sees political moderation as the best scenario for continued crypto development.
CBDCs: China to distribute $3M of virtual yuan as JD.com is now the first major online service to accept the digital currency.
Speech by Mr Benoît Cœuré, Head of the BIS Innovation Hub, at the World FinTech Festival, Switzerland, 7 December 2020.
Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.