The Fed’s proposed CBDC: a dystopian nightmare or a necessary evolution of the dollar?
The U.S. Federal Reserve has taken its first step towards issuing a central bank digital currency (CBDC). And while a...
Digital Yuan
China Explores Digital Asset Exchange as Crypto Crackdown Continues
China is leaving no stones unturned in promoting the usage of digital yuan while ensuring a crackdown on the Bitcoin...
Breaking: China May Set Up CBDC Exchange to Push Digital Yuan Use
The latest update in China’s financial ecosystem saw the authorities make yet another attempt to push its Digital Yuan’s use,...
Chinese retail giant JD accepts digital yuan payments for Singles Day
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021.
Bank Of Jamaica Mints The First Batch Of CBDC
Bank of Jamaica is making steady progress with the country’s central bank digital currency (CBDC). During a short financial ceremony...
Japan to Implement Stricter Rules on Stablecoins: Report
The Japanese government intends to put stablecoins under strict regulation as some authorities consider them a threat to the country’s...
Shanghai to Airdrop Millions in Digital Yuan
The Chinese city of Shanghai would airdrop 19.25 million digital yuan equivalent to USD 3 million via a lottery system...
China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents
After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway...
Crypto unlikely to escape regulation, says world’s oldest central bank Riksbank
Regulatory oversight would soon creep into the burgeoning crypto sector even as they currently continue to largely operate in a...
South Korea to Build a Pilot Platform for CBDC
South Korea announced plans to establish a pilot program examining the possibility of developing and launching a digital version of...
