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Central Bank Digital Currency

ECB exec proposes penalty for hoarding digital euro
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18 February, 2021

ECB exec proposes penalty for hoarding digital euro

Fabio Panetta wants a €3,000 threshold for digital euro users to hold, beyond which they would incur a penalty, such...
Bank of Canada: Coronavirus could accelerate central bank digital currency
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16 February, 2021

Bank of Canada: Coronavirus could accelerate central bank digital currency

The Bank of Canada said the global health crisis had hastened the urgency of the development of its state-backed digital...
Investors to get reprieve as India gears up for total ban on digital currencies: report
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15 February, 2021

Investors to get reprieve as India gears up for total ban on digital currencies: report

The ban will reportedly be enforced in phases, giving digital currency owners the opportunity to sell all their holdings.
Bank of Korea: Treat CBDCs as fiat, not virtual assets
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13 February, 2021

Bank of Korea: Treat CBDCs as fiat, not virtual assets

The Bank of Korea has said central bank digital currencies are not virtual assets, but an alternative form of fiat...
Digital yuan rolls on as new tests announced in China
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12 February, 2021

Digital yuan rolls on as new tests announced in China

China’s plans for a central bank digital currency have taken further steps forward, with the roll out of fresh real-world...
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...
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