Digital Yuan ready for use as of 2022
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could be the first test for…
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could be the first test for…
The Federal Reserve Bank will publish a report on the potential transition to a Central Bank Digital Currency (CBDC) in the summer of 2021. The advanced projects of several countries,…
The US investment bank JPMorgan, Singapore’s largest bank (DBS) and the state-owned investment firm Temasek have jointly launched a new blockchain company focused on global payments and cross-border transactions between…
Project Helvetia, an experiment between the Bank for International Settlements (BIS), the Swiss National Bank (SNB) and the financial market infrastructure operator SIX, plans to integrate tokenized assets into existing…
More and more central banks are dealing with digital central bank currencies (CBDC) and the digitization of fiat currencies. The Central Bank of Australia (RBA) is also addressing this issue and is investigating the implications and effects of a CBDC.
An increasing number of central banks around the world are analyzing, testing and developing CBDCs as prototypes. These initiatives are strongly supported by the Bank for International Settlements (BIS). Over…
An insatiable thirst for dollars, the race for the status of the global reserve currency and interest rates on the block chain. Many changes are underway in the structure of…
The Italian Banking Association (ABI), which has more than 700 banking institutions as members, wants to further promote the introduction of a digital currency in the form of a Euro…
In a 32-page document entitled "Central Bank Digital Currency", the Federal Reserve Bank of Philadelphia examined the future of the monetary system in connection with digital central bank currencies (CBDCs).…
Digital currencies issued by central banks will be a hot topic in 2020. Meanwhile, many central banks have already discussed the advantages and disadvantages of CBDC's, and some nations are…