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CBDC News
CBDC News
Digital renminbi (e-CNY) can be now withdrawn on ATM in Beijing
The Beijing branch of Industrial and Commerce Bank of China (ICBC) has become the first bank to launch such a…
Nigeria is planning to launch CBDC by the end of this year
The Central Bank of Nigeria (CBN) is planning to launch its own digital currency (CBDC) before the end of 2021,…
Beijing, China’s capital city, is set to give away $6.3 million worth of its digital yuan in its latest CBDC test
Continuing with the testing of a central bank digital currency (CBDC), China is giving away 40 million yuan (around…
KBC, one of the largest bank in Belgium, announced its plans to launch its own cryptocurrency KBC Coin
One of the largest insurance and banking companies in Belgium, KBC has announced plans to launch its own…
Zhou Xiaochuan: China has no plan to use the e-CNY to replace the US dollar’s status as reserve currency or the international payments currency
The former head of the People’s Bank of China (PBoC) has taken further pains to reassure observers that China has…
Alipay Chinese payments app launched a digital yuan solution for select users, granting a slew of features
China's payment app, Alipay, has launched a digital yuan solution for a select number of users, offering a host of…
The National Bank of Georgia is looking to launch a central bank digital currency (CBDC)
In a statement published in April, the central bank announced a central bank digital currency (CBDC) had the…
Alipay and WeChat might be threatened by the foray of digital Yuan as major Chinese banks push for its usage in the upcoming shopping festival
Six of China's largest banks in Shanghai are supporting the digital yuan ahead of the May 5 shopping festival. The…
China wants to allow foreign athletes and visitors to use the digital yuan during the Beijing Winter Olympics in 2022
The central bank of China is looking to allow foreign athletes and tourists to use the country's digital currency…
Bitcoin bull Mike Novogratz: The U.S. will be at a major competitive disadvantage if it doesn’t come up with a digital dollar soon
Mike Novogratz, a veteran investor, and a huge Bitcoin supporter noted the U.S. is currently in a good economic…