Central Bank Digital Currency Archives

China’s retail giant JD.com pays employees with digital yuan

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30 April, 2021

China’s retail giant JD.com pays employees with digital yuan

JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...

CBDC development is accelerating, but China isn’t winning the race: PwC report

Business

Steve Kaaru

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24 April, 2021

CBDC development is accelerating, but China isn’t winning the race: PwC report

PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.

Digital yuan ‘no threat to US dollar, Bank of Japan official says

Business

Ed Drake

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23 April, 2021

Digital yuan ‘no threat to US dollar, Bank of Japan official says

A senior executive at the Bank of Japan has said China’s forthcoming digital currency does not pose a threat to...

Digital ruble to play big part in Russia’s future as it releases 3-year strategy

Business

Steve Kaaru

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22 April, 2021

Digital ruble to play big part in Russia’s future as it releases 3-year strategy

As per a new report by the country’s central bank, the digital ruble will need to be accessible both online...

Sweden’s central bank predicts a CBDC in five years

Business

Steve Kaaru

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21 April, 2021

Sweden’s central bank predicts a CBDC in five years

The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have...

Bank of England establishes taskforce to explore CBDC

Business

Steve Kaaru

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21 April, 2021

Bank of England establishes taskforce to explore CBDC

The taskforce will coordinate exploration of the objectives, use cases, opportunities and risks of a potential CBDC, as well as...

Privacy most important factor for digital euro, ECB survey finds

Business

Ed Drake

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19 April, 2021

Privacy most important factor for digital euro, ECB survey finds

Among the responses, the bank said it had received a number of helpful technical contributions on how best to realize...

The CoinGeek Pulse Episode 40: ICO making US comeback, CBDC pilot programs, and Bitcoin SV DevCon 2021

Business

Stephanie Tower

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16 April, 2021

The CoinGeek Pulse Episode 40: ICO making US comeback, CBDC pilot programs, and Bitcoin SV DevCon 2021

U.S. Securities and Exchange Commissioner Hester Peirce has updated her proposal to let digital currency startups sell tokens as initial...

Pakistan is studying CBDC for financial inclusion

Business

Steve Kaaru

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14 April, 2021

Pakistan is studying CBDC for financial inclusion

The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the...

Sweden central bank concludes first phase digital currency trials

Business

Ed Drake

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12 April, 2021

Sweden central bank concludes first phase digital currency trials

The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to...

Digital yuan pilot moves to southern Hainan province

Business

Steve Kaaru

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12 April, 2021

Digital yuan pilot moves to southern Hainan province

In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the...

Digital ruble highest form of money, Russia says

Business

Steve Kaaru

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11 April, 2021

Digital ruble highest form of money, Russia says

Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in...

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