Central Bank Digital Currency

Federal Reserve governor questions need for CBDCs
-
28 October, 2021

Federal Reserve governor questions need for CBDCs

The senior official argued that central bank digital currencies are costly and difficult to manage, would deter private-sector innovation, and...
China urges US companies to accept digital yuan
-
27 October, 2021

China urges US companies to accept digital yuan

The digital yuan pilot started in Shanghai with 270 McDonald's branches accepting central bank digital currency as payment, although reports...
G7 financial leaders reach agreement on digital currencies
-
23 October, 2021

G7 financial leaders reach agreement on digital currencies

Finance ministers of the G7 countries have reached an agreed position on 13 public policy principles for central bank digital...
Ghana wants to allow offline payments for its e-cedi CBDC
-
22 October, 2021

Ghana wants to allow offline payments for its e-cedi CBDC

The Bank of Ghana is seeking to avail the digital currency to as many Ghanaians as possible. As such, the...
Japan’s digital yen to prioritize simplicity and interoperability
-
21 October, 2021

Japan’s digital yen to prioritize simplicity and interoperability

Japan’s central bank will uphold simplicity in its design of a CBDC, with a senior official saying this is key...
Bank of England chief: Digital currency regulation a ‘matter of urgency’
-
19 October, 2021

Bank of England chief: Digital currency regulation a ‘matter of urgency’

The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were...
Advertisement