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CBDC News
The Bank of Mexico is planning to introduce a central bank digital currency (CBDC) by 2024
Currently, there are many countries that are at various stages of issuing a central bank digital currency (CBDC).…
Bank of Tanzania has begun the process of launching its own digital currency
At the central bank-organized 20th Conference of Financial Institutions (COFI), governor Florens Luoga has revealed…
China is considering establishing an exchange for trading digital assets in Beijing
China is considering setting up an exchange to buy and sell digital assets in Beijing. As part of the State…
Foreign CBDCs are most likely going to be considered legal tender by European Central Bank
According to Bloomberg, Central Bank Digital Currencies (CBDCs) developed by foreign institutions are more likely…
PBoC’s digital currency head: China digital yuan hit 62 billion yuan in total transactions processed
According to numbers revealed at Hong Kong Fintech Week, China's experiments with central bank digital currencies…
Federal Reserve Governor Lael Brainard: The United States needs to have a CBDC
Federal Reserve Governor Lael Brainard said the United States needs to have a digital dollar when other countries…
No more China’s digital Yuan at Beijing Winter Olympics, a trio of U.S. senators proposed
Bitcoin proponent and freshman U.S. Senator Cynthia Lummis (R-WY), along with Senators Marsha Blackburn (R-TN) and…
Digital yuan trial sites exceed 1.32 million, transactions breach 34.5 billion yuan
Trials for the use of the Digital Currency Electronic Payment (DCEP) have seen rapid expansion since their launch…
CBDCs: Is Central Bank on Digital Currencies to Take Back Control From Crypto?
In the recent video, the analyst Mike Jenkins explains the nature and effect of Central Bank Digital Currency…
Coinbase CEO Brian Armstrong: China’s Digital Yuan is a threat to the U.S. reserve currency
In meetings with the Federal Reserve chairman Paul Ryan, the CEO of Coinbase, Brian Armstrong said the digital Yuan…