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CBDC

Crypto News
April 19, 2021

Bahamas ranked first for retail CBDC development, according to PwC

A new ranking of global central bank digital currencies, or CBDCs, places the Bahamas at the top of the leaderboard in terms of retail applications – offering an important glimpse in the race to issue…

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Crypto News
April 19, 2021

UK government establishes central bank digital currency task force

Her Majesty’s Treasury and the Bank of England have begun preliminary central bank digital currency studies that could result in the creation of a national digital currency. In a document published by HM Treasury, the…

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Crypto News
April 19, 2021

China aims to let foreigners use digital yuan at Winter Olympics in 2022

China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank official. Li Bo, deputy governor…

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Crypto News
April 19, 2021

China is studying crypto as an investment tool, says PBoC deputy governor

Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool while highlighting regulatory uncertainty in the country surrounding digital assets….

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Crypto News
April 17, 2021

You can’t talk about blockchain and not bring up CBDCs and stablecoins

Ever since the publication of Satoshi Nakamoto’s white paper back in November 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System,” the term “blockchain” has been synonymous with digital currencies in the sense of the underlying technology…

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Crypto News
April 10, 2021

How the digital yuan stablecoin impacts crypto in China: Experts answer

This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan project —…

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Crypto News
April 9, 2021

Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor

The governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies. In an interview with CNN reporter Julia Chatterley on…

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Crypto News
April 9, 2021

Can a digital pound CBDC retake London’s financial hub status post-Brexit?

A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. Previously the gravitational center-point of…

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Crypto News
April 7, 2021

Sweden’s central bank completes first phase of digital currency pilot

After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee and kanelbullar with e-krona. In a recent study, Sweden’s central bank…

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Crypto News
April 5, 2021

Bank of Japan begins first digital currency proof of concept

The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday. Following initial preparations to test the technical feasibility of core…

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