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The cumulative transactions in e-CNY have reached 87.57 billion yuan ($13.68 billion) until now.
Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).
Opening remarks by Mr Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, at the roundtable on "The Future of Trade Finance: Opportunities for Hong Kong, Asia and the World", co-organised by the University of Hong Kong (HKU) Asia Global Institute & International Chamber of Commerce, Hong Kong, 26 January 2022.
As part of its research plans, the Bank for International Settlements (BIS) will explore if decentralized finance (DeFi) technologies can enhance financing for small and medium enterprises in Hong
The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release.
Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC.
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Fed, not a commercial bank.
2021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review.
Observers praise the Fed’s conservative pace but criticise aspects of its hypothetical system design
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts.
The second phase of the CBDC mock testing is expected to be completed by June this year
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare.
The Bulgarian government is currently in discussion with industry stakeholders and the Bulgarian National Bank with respect to its crypto payment initiative.
From Bolivia to China, governments have sought to restrict crypto-related activity for various reasons and with different tools.