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Central Bank Digital Currency

China’s retail giant JD.com pays employees with digital yuan
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30 April, 2021

China’s retail giant JD.com pays employees with digital yuan

JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...
CBDC development is accelerating, but China isn’t winning the race: PwC report
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24 April, 2021

CBDC development is accelerating, but China isn’t winning the race: PwC report

PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
Digital yuan ‘no threat to US dollar, Bank of Japan official says
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23 April, 2021

Digital yuan ‘no threat to US dollar, Bank of Japan official says

A senior executive at the Bank of Japan has said China’s forthcoming digital currency does not pose a threat to...
Digital ruble to play big part in Russia’s future as it releases 3-year strategy
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22 April, 2021

Digital ruble to play big part in Russia’s future as it releases 3-year strategy

As per a new report by the country’s central bank, the digital ruble will need to be accessible both online...
Sweden’s central bank predicts a CBDC in five years
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21 April, 2021

Sweden’s central bank predicts a CBDC in five years

The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have...
Bank of England establishes taskforce to explore CBDC
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21 April, 2021

Bank of England establishes taskforce to explore CBDC

The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as...
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