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Central Bank Digital Currency

India proposes banning Bitcoin and developing a digital rupee
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4 February, 2021

India proposes banning Bitcoin and developing a digital rupee

India’s digital currency industry faces an uncertain future, with a proposed draft bill threatening to impose a blanket ban on...
US Fed seeking manager with a focus on stablecoins and CBDCs
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3 February, 2021

US Fed seeking manager with a focus on stablecoins and CBDCs

The successful applicant will be in charge of emerging payment, clearing and settlement systems for the U.S. Federal Reserve.
BIS head: Bitcoin may break down altogether, has no actual value backing
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2 February, 2021

BIS head: Bitcoin may break down altogether, has no actual value backing

The head of the Bank for International Settlements believes that Bitcoin could end up collapsing altogether.
India’s central bank exploring the need for digital currency
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30 January, 2021

India’s central bank exploring the need for digital currency

In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

Shanghai, Beijing and other major cities plan large-scale digital yuan tests

The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in...
China unveils first digital yuan physical card in Shanghai
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12 January, 2021

China unveils first digital yuan physical card in Shanghai

Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
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