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Chess Grandmaster and rising human rights advocate, Garry Kasparov, sees cryptocurrencies like Bitcoin and Ethereum as a way to fight tyranny and restore liberal democracies.
Shortly after Mastercard showed its hand on its stance on cryptocurrency, Visa published a blog announcing that the payments giant is advancing its approach towards digital currency. PayPal was rec
The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool
The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standa
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC.
Senate looks at tech and innovation, including CBDC development, as critical area within rising tensions with China.
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC.
Chinese scammers are impersonating central bank digital currency testers in order to lure victims into fraudulent investment schemes.
With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino.
The Banque of France has announced its selection of firms that will take the next step regarding a Central Bank Digital Currency or CBDC. According to a release, following the examination of the applications received on 15 May in response to the Banque de France's
Japan and France can be considered to be in the early stages of developing their central bank digital currencies (CBDCs) as compared to their regional counterparts. Both countries are adopting a cautious approach towards digital currencies in a time when others are forging ahead at full steam in the creation and launch of CBDCs. Now, as the need for the digitization of money presents itself more clearly than ever, Japan is considering speeding up the development process, while France is well on its way to fully experiment with a CBDC with eight selected financial institutions in the country.
HSBC and Euroclear among firms chosen to take part in CBDC experiments
The central bank of France is about to start several experimental trials centering the digital euro.