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Central Bank Digital Currency

Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub
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25 November, 2020

Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub

Tokenization of CBDCs makes settlements far quicker, easier and cost-effective, with a number of central banks around the world already...
Digital yen will take years, ex-Bank of Japan executive says
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21 November, 2020

Digital yen will take years, ex-Bank of Japan executive says

Hiromi Yamaoka, the former head of payment and settlement systems at the central bank, said the Bank of Japan still...
A digital yen will be piloted in 2021
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19 November, 2020

A digital yen will be piloted in 2021

38 companies across a variety of sectors in Japan have signed on to test a digital version of the yen

ECB president predicts digital euro in 2-4 years
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17 November, 2020

ECB president predicts digital euro in 2-4 years

The European Central Bank is in the process of a consultation on a digital euro, with a decision on whether...
Pakistan considers new regulation for digital currency
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17 November, 2020

Pakistan considers new regulation for digital currency

The Securities and Exchange Commission is looking comparatively at the approach of regulators in other countries, as well as setting...
China to develop new CBDC test zone in Beijing
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14 November, 2020

China to develop new CBDC test zone in Beijing

The PBoC’s Digital Currency Research Institute announced that it was planning to build a ‘legal digital currency test zone’ in...
UK drafts plan to regulate stablecoins, research CBDC
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12 November, 2020

UK drafts plan to regulate stablecoins, research CBDC

The U.K. Treasury said it was working on proposals for a new regulatory structure for stablecoins and other digital currencies.
Lebanon’s launching a central bank digital currency
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10 November, 2020

Lebanon’s launching a central bank digital currency

Lebanon’s central bank has announced plans to launch a central bank digital currency (CBDC) in 2021. Initially rumored in 2019

Huawei new smartphone comes with digital yuan wallet
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5 November, 2020

Huawei new smartphone comes with digital yuan wallet

Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
Xi Jinping urges China to lead in digital currency regulation
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4 November, 2020

Xi Jinping urges China to lead in digital currency regulation

Xi Jinping’s pro-blockchain stance has played a big part in China’s move to become a global blockchain hub.
Bank of Canada says digital dollar ‘beyond trial phase’
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4 November, 2020

Bank of Canada says digital dollar ‘beyond trial phase’

The project had moved beyond proof-of-concept and was approaching being ready for a wider rollout, according to the central bank...
PBoC Governor gives DC/EP update
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2 November, 2020

PBoC Governor gives DC/EP update

During Hong Kong Fintech Week, People’s Bank of China (PBoC) governor Yi Gang gave several updates on the digital yuan