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