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The launch date of China's long-awaited digital yuan remains a secret, creating space for potential fraud.
Société Générale, a top French bank, has completed the first central bank digital currency (CBDC) transaction. According to a statement by Societe Generale SFH, a subsidiary of Société Générale, the company has issued 40 million euros in covered bonds in the form of “security tokens”
Central bank and French lender use blockchain platform to pay for €40m securities tokens
The Banque de France opened submissions for central bank digital currency (CBDC) proposals from the private sector in March this year and revealed the successful completion of a trial for one of the blockchain-based applications selected in the exercise on May 14.
In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily ban
The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.
China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18,
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented wit
The French central bank has announced the first successful test of a digital euro.
Chinese Communist Party school publishes a new book on crypto.
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report.
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular.
A stabilised digital coin could be used as a tool to help mitigate the effects of hyperinflation on individuals' asset value.
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain.