Central Bank | Amazing Crypto

China’s digital yuan is ‘a long way’ from beating USD says financial firm exec

Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon.

China’s digital yuan pilot program is picking up speed.

Bundesbank seems to be coyly flirting with blockchain technology.

Bitcoin price rallied from $12,920 to $13,600 in the hours following the European Central Bank statement and optimistic job data from the U.S.

But don’t call it a CBDC, says central bank reps.

Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.”

“We will continue to explore the pros and cons of CBDC,” said Tom Mutton.

JPMorgan Chase now recognizes blockchain’s profitability and has created a new business dedicated to digital currency and blockchain work.

Central bank digital currencies will fundamentally change our conceptions of money and its uses.

The Governor of the Central Bank of Kenya told reporters the institution is “already feeling left out.”