Central Bank Digital Currency

BIS head: Bitcoin may break down altogether, has no actual value backing
-
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
-
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
-
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
-
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...
Swedish bankers fear for deposit base as e-krona plans develop
-
9 January, 2021

Swedish bankers fear for deposit base as e-krona plans develop

Swedish bankers are weighing up the risks of a digital currency to their deposit base, as plans for the rollout...
China extends digital yuan test to Beijing as Shenzhen holds second lottery
-
6 January, 2021

China extends digital yuan test to Beijing as Shenzhen holds second lottery

China’s digital currency electronic payment has been in testing phase in locations including Shenzhen, Suzhou, Xiong’an New Area, and Chengdu.
Advertisement