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Central Bank Digital Currency

European Central Bank wants digital currency for consumers
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13 May, 2020

European Central Bank wants digital currency for consumers

Yves Mersch says the European Central Bank has set up a task force to research and develop a central bank...
China plans to give CBDC to state employees in pilot scheme
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19 April, 2020

China plans to give CBDC to state employees in pilot scheme

The scheme will see government employees in Suzhou paid 50% of their travel subsidies for May in digital currency.
People’s Bank of China will ‘undoubtedly’ launch digital yuan
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10 April, 2020

People’s Bank of China will ‘undoubtedly’ launch digital yuan

The central bank said it would continue the development of a digital currency, with a view to launching as soon...
Stimulus checks and digital dollar not ready in the time of a Bitcoin era
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31 March, 2020

Stimulus checks and digital dollar not ready in the time of a Bitcoin era

A digital dollar does not necessarily mean the use of distributed blockchain technology through the proof of work mining mechanism...
Digital Dollar Foundation adds 24 members to create CBDC framework
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28 March, 2020

Digital Dollar Foundation adds 24 members to create CBDC framework

A digital dollar came closer than ever to reality this week, and the DDF has added two dozen new members...
People’s Bank of China close to launching digital currency: report
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25 March, 2020

People’s Bank of China close to launching digital currency: report

The Chinese central bank appears to have finished developing the digital currency’s basic function.
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