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Project enters third phase as central bank prepares recommendation on specifics of CBDC design
PBoC’s digital yuan wallet was briefly available via China Construction Bank’s mobile app
The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).
Digital yuan will "hardly put a dent" in US dollar dominance and its role as global reserve currency, Cornell professor claims.
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate.
The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.
Brazil’s central bank believes you’ve got to change money, to save money.
Many central banks are creating “hybrid” CBDCs, according to survey of 32 projects
The People’s Bank of China (PBOC) has affirmed that the testing of its CBDC project is concentrated only to small scale transactions for now.
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Retail focused central bank digital currencies are "more advanced" where informal economy is larger: BIS report.
A Chinese senior central bank official said China should maintain a “normal” monetary policy as the country has been recovering from COVID-19 smoothly.
Details about the official launch date still remain murky.
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
China’s national blockchain project BSN could be the best fit for the digital yuan.