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Read More »The Global Shift to Explore CBDCs
Unsurprisingly, the pandemic has driven many of us to rely on digital forms of payments over cash. In fact, 25% of US consumers use less cash now than before March…
Read More »Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be “a threat to U.S. reserve currency status long…
Read More »The Global Shift to Explore CBDCs
Unsurprisingly, the pandemic has driven many of us to rely on digital forms of payments over cash. In fact, 25% of US consumers use less cash now than before March…
Read More »Suzhou Government to Airdrop $3 Million in Digital Yuan for CBDC Trial
The Suzhou government is set to carry out a test on China’s central bank digital currency (CBDC) by conducting a digital yuan airdrop via a lottery program, which will see…
Read More »China’s central bank lays regulatory foundation for CBDC
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
Read More »People’s Bank of China: Digital Yuan Will Be a Form of Local Currency
When released, China’s Central Bank Digital Currency (CBDC) might replace fiat yuan in circulation. At least, that was what Fan Yifei, the Deputy Chairman of the People’s Bank of China…
Read More »China Could Roll Out Its CBDC Without Anyone Realizing
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change.
Read More »China’s Digital Yuan Has No Official Launch Date, Though in Progress
Although pilot tests for the digital Yuan have been launched and are happening progressively across four large Chinese cities, the governor of the Chinese Central Bank in a recent report…
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