“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou […]
Category: CBDC
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The CEO of Mastercard believes Bitcoin is too volatile and opaque to drive financial inclusion, however, CBDCs are a different […]
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot […]
The winning candidate’s primary task will be to monitor the latest developments related to electronic money, but also research “the […]
Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both.
An official for China’s central bank unveiled usage statistics of state-backed digital currency trials held in three Chinese cities.
The report is only the start of the discussion and raises more questions before officially studying the digital euro.
They’re following other central banks, including the European Central Bank, into studying virtual currencies.