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Bank of China claims that the introduction of digital yuan will not cause the occurrence of inflation.

The Central Bank of Argentina (BCRA) is now looking to test a blockchain-based clearing system to be used by the country’s major financial institutions. The aim of the blockchain clearing system is

In a survey conducted by The Economist and Crypto.com, it found that consumers generally had more trust in central bank digital currencies (CBDCs), rather than decentralized cryptocurrencies.

A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies.

Central Bank of China claims that digital Yuan will not cause inflation.

As the economy continues to deteriorate in the ongoing COVID-19 pandemic climate, US Lawmakers are once again pitching the creation of a sovereign digital dollar to quickly distribute the proposed

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China

U.S. Congress sees a new bill looking to give Americans $2,000 a month for at least a year and mandating the implementation of digital dollar wallets by January 1, 2021.

Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province.

China was one of the forerunners in developing a central bank digital currency (CBDC) months before other countries and their central banks caught on. However, with its long preparation phase, many were beginning to wonder if China’s digital yuan would come to fruition in time, especially as the ongoing COVID-19 pandemic presents an ideal opportunity for the digital currency to be launched. After months of waiting and vague updates from the People’s Bank of China (PBOC), the digital yuan has finally entered a pilot-testing phase in four cities, led by state-owned Agricultural Bank of China (ABC).

Screenshots of a purported pilot version of a wallet app for China’s forthcoming digital yuan are now circulating on social media.

Economist and academic John Vaz believes that Facebook’s Libra stablecoin is still shaping up to be Bitcoin’s strongest competition.

The world’s largest development bank, the World Bank Group, has issued a new report on payment aspects of financial inclusion in the fintech era.

The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice o

CBDC: People's Bank of China says its main priority is to enhance top level design of central bank digital currency.