Coronavirus Stalls China's Progress with Central Bank Digital Currency
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Coronavirus Stalls China’s Progress with Central Bank Digital...

The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen...

Osato Avan-Nomayo | 1 month ago
Capital china CBDC
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China Files 84 Patents For Central Bank Digital Currency

Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China...

Osato Avan-Nomayo | 1 month ago
Central Bank Crypto Still 10 Years Away, Says Former ECB Vice President
Altcoins

Central Bank Crypto Still 10 Years Away, Says Former ECB Vice...

Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from...

Emilio Janus | 2 months ago
Cambodia to Launch Digital Currency with Support of 11 Banks
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Cambodia to Launch Digital Currency with Support of 11 Banks

Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital...

Osato Avan-Nomayo | 2 months ago
france against private crypto
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French Central Bank Exec Opposes Private Crypto Assets

Central bankers who initially discounted Bitcoin and other public crypto assets as fraud, Ponzi schemes or scams, have suddenly changed their stance.  Banks Now Love Crypto, But Only...

Ricardo Martinez | 2 months ago
Major Central Banks Form CBDC Think Tank
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Major Central Banks Form CBDC Think Tank

The Bank of Canada along with other central banks from Japan, Switzerland, England, Sweden, and the European Central Bank (ECB) are looking to work together as part of plans to create...

Osato Avan-Nomayo | 2 months ago
IMF Discusses digital currency
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IMF Discusses Potential Role in CBDC Issuance

With the ongoing conversation surrounding central bank digital currencies (CBDCs), the International Monetary Fund (IMF) is examining its potential role in future sovereign digital...

Osato Avan-Nomayo | 3 months ago
canada says cash over crypto
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Bank of Canada Governor Still Backs Cash Over Crypto

During the presentation, given to The Empire Club of Canada, Governor of the Bank of Canada, Stephen S. Poloz laid out some interesting reasons why he believes cash is better than...

Emilio Janus | 3 months ago
Agustin Carstens BIS central banks
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BIS Fears Central Banks May Lose Relevance to Private Cryptos

For Agustin Carstens, head of the Bank of International Settlements (BIS), central banks cannot concede their roles as gatekeepers of the global financial system to private cryptos...

Osato Avan-Nomayo | 4 months ago
japan central bank crypto
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Is Japan Following China with Central Bank Crypto Plans?

China is relentlessly pressing ahead with its blockchain drive and central bank crypto but it is not the only nation in the region riding the digital asset train. Japan’s central...

Martin Young | 4 months ago
mark carney proposes global cryptocurrency
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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U.S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The...

Julio Gil-Pulgar | 7 months ago
Bank of International Settlements (BIS)
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BIS Reports 70% of Central Banks Are Studying Cryptocurrencies

A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of...

Georgi Georgiev | 1 year ago