35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report

Another 94 banks plan to access the CBDC via a clearing platform.

News  ·  20 August 2021

Thailand CBDC Trial to Test Use as Cash Substitute

The CBDC will be used for "cash-like activities within a limited scale," such as paying for goods and services.

News  ·  19 August 2021

Fed’s Brainard Says US Can’t Not Have a CBDC in a World in Which Others Have Them

Closer to home, Brainard said without a digital dollar the proliferation of stablecoins could fragment the payment system.

Policy & regulation  ·  31 July 2021

Ukraine’s President Signs Law Allowing Central Bank to Issue a CBDC

The National Bank of Ukraine can now officially launch its own payment token.

Policy & regulation  ·  30 July 2021

Insurer Pingan Issues Digital Yuan COVID-19 Policies for Medical Staff: Report

Purchasers who pay for their coronavirus coverage with e-CNY can receive discounts.

News  ·  21 July 2021

China’s Central Bank ‘Worried’ Stablecoins Pose Risk to Financial System

Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

News  ·  8 July 2021

House Democrats Form Cryptocurrency Working Group

The announcement came in a hearing about central bank digital currencies.

News  ·  15 June 2021

China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments

The country is testing the currency in different pilots.

Business  ·  14 June 2021

Sweden’s Central Bank to Test Digital Currency With Handelsbanken

The Riksbank will partner with Handelsbanken to test how the e-krona might work in the real world.

News  ·  28 May 2021

South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot

The Bank of Korea is looking for a technology supplier to explore a digital currency in a test environment.

News  ·  24 May 2021

US Will Not Race China to Develop a CBDC: Fed Chairman Powell

The U.S. is biding its time to see whether a CBDC was something that would be a "good thing for the people," Powell said Wednesday.

News  ·  29 April 2021

Bank of England and HM Treasury Launch Taskforce for UK CBDC

This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.

News  ·  19 April 2021

Biden Administration Concerned Over Long-Term Effects of Digital Yuan: Report

Officials at multiple government departments are increasing efforts to better understand any possible threat posed to the U.S. dollar by China's digital yuan.

News  ·  12 April 2021

BOJ Starts Central Bank Digital Currency Experiments

The year-long Phase 1 will conduct experiments on basic functions of a CBDC.

News  ·  5 April 2021

Central Bank ‘Money Drops’ With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

Markets  ·  2 April 2021