CBDC

CBDC

Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor

Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency.

News  ·  26 December 2020
Regulation

Bank of Russia Chair: Digital Ruble Is No Threat to Banks

Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant

Policy & regulation  ·  21 December 2020
CBDC

Fintech Company Launches Platform to Assist in Central Bank Digital Currency Development

Fintech company EMTECH is launching a compliance platform that helps central banks tackle compliance issues or safely test their central bank digital currencies.

Business  ·  16 December 2020
CBDC

Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes

The Bank of France’s deputy governor said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the general public.

Policy & regulation  ·  12 December 2020
China

China’s Latest Digital Currency Trial Is Its Most Important Yet

More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.

People  ·  7 December 2020
China

Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments

PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.

Policy & regulation  ·  6 December 2020
Digital Currency

Citigroup Helping World Governments Build Digital Currencies, CEO Says

The multinational banking giant has been calling digital currency all but inevitable since 2014.

News  ·  4 December 2020
Russia

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Policy & regulation  ·  1 December 2020
China

China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

In a wide-ranging speech, Xi said the G20 “needs to discuss developing standards and principles for central bank digital currencies.”

News  ·  21 November 2020
CBDC

Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption

Central bank digital currencies can have broad implications for the global balance of power, experts say.

Policy & regulation  ·  20 November 2020
Bitcoin

ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

Policy & regulation  ·  12 November 2020
CoinFlash

Lebanon Preparing Central Bank Digital Currency for 2021 Rollout

Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector.

News  ·  10 November 2020
China

Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital

The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.

News  ·  9 November 2020
Inflation

Debate Rages on Whether a Digital Dollar Will Unleash Inflation

Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.

News  ·  9 November 2020
CBDC

Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive

Crypto IP "puts us in a good position" for central bank digital currencies, said Mastercard President Miebach.

News  ·  2 November 2020