
Central Bank Digital Currency
Digital yuan not a replacement for the US dollar: ex-PBoC governor
China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor...
Suzhou residents make 20,000 digital yuan transactions on Double 12
Chinese residents in the city of Suzhou made close to 20,000 transactions in a digital yuan trial on e-commerce giant...
Are central bank digital currencies a bad idea?
While they are being touted as the future, it’s time to rethink and reevaluate the role that CBDCs will play...
China and Hong Kong working on digital yuan cross-border payments
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...
Bank of Canada ready to move ‘sooner than expected’ on digital dollar
Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19...
Swiss central bank completes CBDC trial, downplays DLT
While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet...
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