The Bahamas central bank wants to make its digital ‘Sand Dollar’ global
The Bahamas’ digital currency is currently used domestically. Go to Source Powered by WPeMatico
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Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. Go to Source Powered by WPeMatico
Reserve Bank of Australia still researching the CBDC it says it doesn’t need
The Reserve Bank of Australia is continuing to explore how to design and operate a CBDC. Go to Source Powered by WPeMatico
Bank of Russia issues consultation paper on digital ruble
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.” Go to Source Powered by WPeMatico
European Central Bank seeks public input on digital euro
A digital euro would not replace cash, but complement it, says the European Central Bank. Go to Source Powered by WPeMatico
Japan must amend central bank laws to issue digital yen, says official
Japan is getting more serious about the digital yen. Go to Source Powered by WPeMatico
Bank of Japan to begin digital currency pilots in 2021
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability. Go to Source Powered by WPeMatico
Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
Shenzhen to hand out 10 million digital yuan in currency giveaway
China is promoting its central bank digital currency with a public $1.5 million giveaway. Go to Source Powered by WPeMatico
Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward. Go to Source Powered by WPeMatico