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04-07-2025

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Central Bank Digital Currency

Digital yuan trial coming to China’s Suzhou City
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28 November, 2020

Digital yuan trial coming to China’s Suzhou City

Beginning December, residents across the city will be the central bank digital currency in so-called “red packets,” with 50,000 packets...
German minister thumbs down private digital currencies
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26 November, 2020

German minister thumbs down private digital currencies

Speaking at a recent regional banking event, Olaf Scholz called for the advancement of European banking systems to adapt to...
China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
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25 November, 2020

China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption

China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by...
Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub
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25 November, 2020

Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub

Tokenization of CBDCs makes settlements far quicker, easier and cost-effective, with a number of central banks around the world already...
Digital yen will take years, ex-Bank of Japan executive says
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21 November, 2020

Digital yen will take years, ex-Bank of Japan executive says

Hiromi Yamaoka, the former head of payment and settlement systems at the central bank, said the Bank of Japan still...
A digital yen will be piloted in 2021
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19 November, 2020

A digital yen will be piloted in 2021

38 companies across a variety of sectors in Japan have signed on to test a digital version of the yen

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