
Central Bank Digital Currency
Swiss National Bank and BIS announce digital currency trial by 2020 end
The trial will also allow the banks to see how the technology syncs with existing payment systems, as well as...
China’s new draft law seeks to legalize digital yuan but ban competitors
In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...
Bahamas launches Sand Dollar, the world’s first official CBDC
The Central Bank of the Bahamas has developed the Sand Dollar to be transferrable via mobile phones, making it easy...
Hong Kong finance chief open to collaboration on digital yuan
The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...
Kenyan central bank exploring CBDCs, digital currency regulation
The Central Bank of Kenya is in discussions with other central banks globally regarding the introduction of a central bank...
Chinese consumers spend 8.8 million in digital yuan trial
Equivalent to around $1.3 million in spend, Shenzhen residents reportedly turn to the as-yet-unreleased digital currency for payments in a...
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