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Updates on China’s upcoming and much-anticipated central bank digital currency (CBDC) have been few and far between since the People’s Bank of China’s (PBoC) announcement on the possible digital currency in August this year. Mu Changchun, head of the PBoC’s digital currency research arm, has now emerged to reveal more details about the CBDC.
The digital yuan will be different from Bitcoin and stablecoins, says People's Bank of China deputy director.
China’s latest bond issuance on the ledger is a sign of trust placed into the blockchain technology, but not everything may be rosy.
For many reasons, China is regarded as one of the world's make-or-break regions when it comes to the fate of 'blockchain' technology and cryptocurrencies. Before Bitcoin trading was officially banned in China in late 2016, yuan-to-Bitcoin conversions (and vice versa) seemed to account for more
Distortionary effects of negative rates raise broader questions on design of money itself, writes Barry Topf
The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring
Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities f
Recent research from the European Central Bank showed that it is possible to develop a central bank digital currency payment system that protects user privacy.
Sweden has been exploring the potential benefits of issuing a digital central bank currency (CBDC) since 2017 and its central bank Riksbank recently reported that it would sign a deal with consultancy firm Accenture to create a pilot platform for the digital currency, known as the e-krona, Reuters reports Dec. 13.
Sweden's reserve bank, the Riksbank, is still looking into whether it makes sense to launch a central bank digital currency, e-Krona.
Discussions on a ‘Eurocoin’ has taken precedence over many meetings within the European Union (EU) and its financial counterpart, the European Central Bank (ECB). President Christine Lagarde, newly appointed in November 2019, chaired her first ECB press conference on December 12 and shared her stance on digital currency, and stablecoins in particular.
First year will see development of user interface for mobile, card and watch-based payments
Focus on retail CBDCs is a potential distraction from core central banking functions, says Sinha
The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets.