China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor...
Chinese residents in the city of Suzhou made close to 20,000 transactions in a digital yuan trial on e-commerce giant...
While they are being touted as the future, it’s time to rethink and reevaluate the role that CBDCs will play...
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...
Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19...
While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet...