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3,684 articles tracked

CBDC as a store of value threatens financial system, says German official

The German central bank is considering alternatives to CBDC as a digital payment solutions

Oct 21, 2020cointelegraphDigital Euro
Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).

Oct 21, 2020blockchainnews
China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed

As part of China’s rollout of its central bank digital currency (CBDC), the government had a $1.5 million giveaway of digital yuan to its citizens in Shenzhen.

Oct 20, 2020blockchainnewse-CNY
Sky Guo, Co-Founder at Cypherium, will be Representing Blockchain Sector at 75th United Nations General Assembly

Sky Guo, Co-Founder at Cypherium, will be representing the blockchain sector at the 75th UN General Assembly.

Oct 20, 2020crowdfundinsider
Governor of Saudi Arabian Monetary Authority Says Central Bank Digital Currencies Seem Promising and are Worth Exploring

Governor of Saudi Arabian Monetary Authority says central bank digital currencies seem promising and are worth exploring.

Oct 20, 2020crowdfundinsiderAber
Shoppers Reportedly Unimpressed with Digital Yuan Use

Crypto and financial analysts across the globe marvelled at China’s progress in developing and testing its central bank digital currency, the Digital Currency Electronic Payment (DCEP), last week. This came after China distributed 50,000 red packets to citizens randomly picked via a lottery event held over a week ago, and winning participants were given a week to spend their red packets amounting to 200 RMB each at affiliated stores and merchants.

Oct 20, 2020supercryptonewse-CNY
New Zealand has no imminent plans to issue CBDC, says central bank exec

Important questions about CBDCs remain unanswered for the Kiwis' central bank.

Oct 20, 2020cointelegraphProject Hamilton
Japanese messaging giant Line developing CBDC platform

The platform would aid central banks in Asia with developing a central bank digital currency.

Oct 20, 2020cointelegraph
Messaging Giant LINE is Developing a Platform for CBDC

Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).

Oct 20, 2020blockchainnews
Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

Oct 20, 2020blockchainnewsProject Hamilton
Burkhard Balz: Digital currencies, global currencies

Keynote speech by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the China Europe Finance Summit - A Hybrid Conference on Sino-European Capital Markets, virtual event, 20 October 2020.

Oct 20, 2020bisDigital Euro
Pomp says US digital dollar needs to happen now

The U.S. doesn't mind coming a bit late to the CBDC party, but is that the wrong approach?

Oct 20, 2020cointelegraphProject Hamilton
95% of winners in China’s CBDC lottery spent digital yuan prizes

Some winners purchased additional digital yuan during the pilot.

Oct 19, 2020cointelegraphe-CNY
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Oct 19, 2020blockchainnewsDigital Euro
Denis Beau: For a contribution from our FinTech ecosystem to a more efficient and stable financial system

Speech by Mr Denis Beau, First Deputy Governor of the Bank of France, at the Fintech R:evolution 2020, Paris, 15 October 2020.

Oct 19, 2020bis