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Central Bank Digital Currency

US Fed seeking manager with a focus on stablecoins and CBDCs
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3 February, 2021

US Fed seeking manager with a focus on stablecoins and CBDCs

The successful applicant will be in charge of emerging payment, clearing and settlement systems for the U.S. Federal Reserve.
BIS head: Bitcoin may break down altogether, has no actual value backing
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2 February, 2021

BIS head: Bitcoin may break down altogether, has no actual value backing

The head of the Bank for International Settlements believes that Bitcoin could end up collapsing altogether.
India’s central bank exploring the need for digital currency
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30 January, 2021

India’s central bank exploring the need for digital currency

In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

Shanghai, Beijing and other major cities plan large-scale digital yuan tests

The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in...
China unveils first digital yuan physical card in Shanghai
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12 January, 2021

China unveils first digital yuan physical card in Shanghai

Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
Swedish bankers fear for deposit base as e-krona plans develop
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9 January, 2021

Swedish bankers fear for deposit base as e-krona plans develop

Swedish bankers are weighing up the risks of a digital currency to their deposit base, as plans for the rollout...
China extends digital yuan test to Beijing as Shenzhen holds second lottery
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6 January, 2021

China extends digital yuan test to Beijing as Shenzhen holds second lottery

China’s digital currency electronic payment has been in testing phase in locations including Shenzhen, Suzhou, Xiong’an New Area, and Chengdu.
Turkish central bank announces surprise digital currency pilot for 2021
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2 January, 2021

Turkish central bank announces surprise digital currency pilot for 2021

Turkey is set to begin trials of a new digital currency in 2021, after the country’s central bank announced it...
Japan to launch a CBDC feasibility study in 2021: report
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31 December, 2020

Japan to launch a CBDC feasibility study in 2021: report

The Bank of Japan is reportedly conducting research on a digital yen as it aims to keep up pace with...
2020 year in review: Revolutionary use cases of blockchain in banking and finance
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23 December, 2020

2020 year in review: Revolutionary use cases of blockchain in banking and finance

Patrick Thompson takes a look at some of the revolutionary developments in banking and finance that took place in 2020...
Bank of France moves from conceptual to market CBDC trials: deputy governor
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18 December, 2020

Bank of France moves from conceptual to market CBDC trials: deputy governor

Banque du France is seeking to determine how a central bank digital currency can improve the fluidity and efficiency of...
Digital yuan not a replacement for the US dollar: ex-PBoC governor
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17 December, 2020

Digital yuan not a replacement for the US dollar: ex-PBoC governor

China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor...