China publishes first e-CNY whitepaper, confirming smart contract programmability
The People's Bank of China has published a whitepaper for the digital yuan, marking yet another step towards its official rollout.
Read Full Story
central-bank
Fed chair Powell 'legitimately undecided' on benefits of an American CBDC
In a Senate hearing, Pat Toomey and Jerome Powell got into the outlook for a digital dollar and private stablecoins.
New Zealand to explore central bank digital currency as part of public consultations
New Zealand's central bank is set to spend the coming months in public consultation on issues ranging from stablecoins to central bank digital currencies (CBDCs).
NFT collection by digital artist FEWOCiOUS rakes in over $2 million at Christie's
The collection was inspired by the 18-year-old artist's experiences as a young, transgender artist growing up in an abusive household.
Read Full Story
Bank of England chief economist: CBDCs could fundamentally disrupt centuries-old banking model
Bank of England chief economist Andrew Haldane discussed the consequences of Central Bank Digital Currencies (CBDCs) in a recent speech.
Read Full Story
BIS steps up encouragement for CBDCs, says they can coexist with private stablecoins
The Bank for International Settlements speaks ever more optimistically about CBDCs in global banking.
Read Full Story
EU data protection body says digital euro designs must prioritize privacy
As Europe inches toward the creation of a digitized euro, a data-focused body within the EU is calling for any design proposal to prioritize privacy and protection.
Bank of France completes CBDC settlement experiment with SEBA Bank
The experiment tested CBDC issuance and settlements on a public blockchain through a smart contract simulation.
Chinese banks roll out 3,000 ATMs that can convert digital yuan to cash
The feature comes months after a small-scale test in Beijing and is yet another sign China is widening its e-CNY tests towards a full launch.
CBDCs would be 'the safest type of money available,' says Bank of England exec
"Let’s not throw the blockchain baby out with the Bitcoin bathwater," said the BoE's Fintech Director Tom Mutton.
What we learned from the past week's CBDC hearings in Congress
A pair of Congressional hearings on central bank digital currencies indicates the direction Washington might take on the question of how to digitize the U.S. dollar.
Read Full Story
French, Swiss central banks to experiment with CBDCs for cross-border payments
While the CBDC testing process commences, the statement also makes clear that the experiment does not suggest either the French or Swiss Central banks will publicly release a CBDC anytime soon.
Hong Kong to study e-HKD potential in retail central bank digital currency
The Hong Kong Monetary Authority has said it is looking into the prospects of having a local, retail central bank digital currency.
Bank of England continues to 'tread carefully' with latest digital money treatise
Experts say the United Kingdom’s central bank is proceeding with caution as it continues to explore the potential ramifications of new forms of digital currency.
Read Full Story
China expands digital yuan reach with its latest giveaway trial in Shanghai
China has increased the reach of the digital yuan with its latest giveaway test in Shanghai, the country's financial hub.
US Senate Banking Committee to hold virtual hearing on central bank digital currencies
Members of the US Senate Committee on Banking, Housing and Urban Affairs are set to hold a hearing on central bank digital currencies later this month.
India's central bank still has 'major concerns' on crypto, says the governor
The Reserve Bank of India (RBI) continues to have "major concerns" around crypto, Governor Shaktikanta Das has said.
Read Full Story
ECB warns of 'risks to stability' if central banks don’t offer digital currencies
The European Central Bank (ECB) published a report about the international role of the euro Wednesday, touching upon the importance of central bank digital currencies (CBDCs) for future financial strength.
Digital yuan will be more competitive than digital dollar, says Bridgewater's Ray Dalio
Bridgewater Associates founder Ray Dalio said the digital yuan will be more competitive than the digital dollar.
Read Full Story
Indonesia plans to issue a central bank digital currency
Bank Indonesia, the central bank of the country, plans to issue a digital currency to speed up payments.