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Consensys founder Joseph Lubin said that he hopes China’s digital currency will be interoperable with Ethereum and other public and open-access blockchains.
The Bank of Thailand (BoT) and the Hong Kong Money Authority (HKMA) have collaborated in researching central bank digital currencies (CBDC). They also planned to release a cryptocurrency research report in the first quarter of 2020, reported EJ Insight.
Turkey’s president asks for completed testing of the digital lira by the end of 2020 as local fraudsters rake in 600 BTC among crypto news from Turkey this week.
In Part 2 of the interview, Garcia-Herrero explained the disruption of China’s CBDC – digital currency electronic payment (DCEP) on China’s monetary system. She also commented on the basket of curr
The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020.
The PBoC sees CBDC as a means of riding the wave of digitisation, and potentially challenging the US dollar’s dominance, writes Hui Feng
Following President Xi’s statement, China is now actively pursuing blockchain development through regulation, promotion and application.
China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum co-founder and ConsenSys CEO Joe Lubin.
A draft document issued by the European Union suggests that the organization should consider issuing its own digital currency.
The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.
It has been widely reported that the People's Bank of China is nearly ready to issue the first Central Bank Digital Currency (CBDC) to streamline the payment/transfer process for the Renminbi. Many central banks are reviewing the pros and cons of a CBDC but China
Blockchain.News has been delighted to reach out to Garcia-Herrero for her to share some thoughts on central bank digital currencies around the world. Central bank digital currencies (CBDCs) have in
Hong Kyung-sik, head of Bank of Korea's Banking and Financial Affairs Division, told an audience at the 'Hoyoung Viewing the Future of Payments' conference Tuesday that countries with developed payments infrastructures like Korea do not need a central bank digital currency (CBDC), Coindesk Korea reports. Hong
Despite an official ban on cryptocurrency trading imposed progressively in the region since 2016, China now appears to be throwing its full weight behind 'blockchain,' a type of distributed-ledger technology popularized by Bitcoin that many critics claim is of little use outside of it. A
The first-ever CBDC will be issued within the next five years, according to new joint research by IBM and OMFIF.