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The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Retail focused central bank digital currencies are "more advanced" where informal economy is larger: BIS report.
A Chinese senior central bank official said China should maintain a “normal” monetary policy as the country has been recovering from COVID-19 smoothly.
Details about the official launch date still remain murky.
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
China’s national blockchain project BSN could be the best fit for the digital yuan.
CBDCs: Ukraine's reserve bank official claims central bank digital currencies need private sector to be successful.
China can reverse Bitcoin transactions, a Ripple exec said.
Central bank digital currencies (CBDCs) are in the limelight. But the reasons for issuing them vary between countries, as do the policy approaches and technical designs. This paper looks at the economic and institutional motives behind current CBDC projects and asks how they might shape the design of such currencies.
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact.
The Reserve Bank of Australia, Payments System Board, recently held a meeting to review several issues including the issuance of Central Bank Digital Currency (CDBC). The Bank noted that the Australian payments system has performed well during the COVID-19 pandemic. Cash during COVID has become
What are CBDCs and the risks they possess, and how might they reshape our economies?
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly.
It is no secret that China has long been working on a Central Bank Digital Currency (CBDC). Today, there is a video circulating on Twitter of an individual using the digital RMB. China is starting to test the Digital RMB and educate its citizens.
XRP contributes to the development of CBDCs and stablecoins, says key exec.