Category: Digital Currency
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New Zealand has no imminent plans to issue CBDC, says central bank exec
Important questions about CBDCs remain unanswered for the Kiwi’s central bank.
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Japanese messaging giant LINE developing CBDC platform
The platform would aid central banks in Asia with developing a central bank digital currency.
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Private Vs. State-run digital currencies: which could replace the dollar?
Author David Birch says a number of digital assets will arise to challenge the dollar as the dominant world currency.
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Better to get it right than to be first with CBDC, says US Fed chair
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued.
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95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot.
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95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot.
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Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021.
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Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF
Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting.
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The Bahamas central bank wants to make its digital ‘Sand Dollar’ global
The Bahamas’ digital currency is currently used domestically.
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Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC.