Ride-Hailing Giant DiDi Joins China’s Digital Yuan Project
The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan. Go to Source Powered by WPeMatico
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Future Bleak for Private Stablecoins, SFB Economist Says
SFB Technologies’ chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins. Go to Source Powered by WPeMatico
Global Compatibility Is A Key Factor In The CBDC Race, Says Expert
CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert. Go to Source Powered by WPeMatico
Expert: Digital Yuan Will Have a Hard Time Displacing Tether in Asia
China’s CBDC wants to displace the US dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT. Go to Source Powered by WPeMatico
Expert: China’s Digital Yuan Will Target the Dollar, Not Bitcoin
With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts. Go to Source Powered by WPeMatico
CBDC is the Most Important Trend in Payments Says Visa Crypto Chief
Visa’s head of crypto says CBDC is the most important payments trend in the next decade. Go to Source Powered by WPeMatico
Bank of Japan Will Begin Experimenting With a Digital Yen
The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective. Go to Source Powered by WPeMatico
Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade
Lithuania might become one of the first countries to issue a CBDC — but there’s a catch. Go to Source Powered by WPeMatico
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC. Go to Source Powered by WPeMatico
Digital Dollar Take Center Stage in Hearing Before US Senate
Issues like financial inclusion and competition with China propelled a hearing on digital dollars before the U.S. Senate today. Go to Source Powered by WPeMatico