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Binance boss Changpeng Zhao aired his views on CBDCs, adding that Bitcoin could be under threat if a more advanced currency was launched
The Hong Kong government is considering collaborating with the mainland Chinese authorities on the country’s central bank digital currency (CBDC) project.
A consortium led by Ernst & Young has made the first and only bid to construct the business model for the Bank of Korea’s Central Bank Digital Currency project.
Philippines Central Bank governor Benjamin Diokno has recommended further research with respect to the proposed Digital Peso, central bank digital currency.
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money.
Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.
The Bahamas has launched the Sand Dollar, making it the first country in the world to officially release a central bank digital currency (CBDC) beyond the testing phase.
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program.
The German central bank is considering alternatives to CBDC as a digital payment solutions
The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).
As part of China’s rollout of its central bank digital currency (CBDC), the government had a $1.5 million giveaway of digital yuan to its citizens in Shenzhen.
Sky Guo, Co-Founder at Cypherium, will be representing the blockchain sector at the 75th UN General Assembly.
Governor of Saudi Arabian Monetary Authority says central bank digital currencies seem promising and are worth exploring.