
Central Bank Digital Currency
BIS: Regulation could be embedded in stablecoins
The Bank for International Settlements (BIS) has said regulation could be embedded into private global stablecoins, such as Facebook’s Libra.
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
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
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
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
Hiromi Yamaoka, the former head of payment and settlement systems at the central bank, said the Bank of Japan still...