Italian Banking Association Ready to Accept Digital Euro
The Italian Banking Association announced it would be ready to start work on a European central bank digital currency. Go to Source Powered by WPeMatico
CBDC
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A Digital Euro Appeases Italy’s Banking Association
This trial is promising, yet it doesn’t necessarily mean that a digital euro will become the new norm. Go to Source Powered by WPeMatico
CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking. Go to Source Powered by WPeMatico
Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. Go to Source Powered by WPeMatico
Singapore to Explore Central Bank Digital Currency With China
Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies. Go to Source Powered by WPeMatico
Bank of Thailand Launches Digital Currency Pilot Project
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country. Go to Source Powered by WPeMatico
Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. Go to Source Powered by WPeMatico
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments. Go to Source Powered by WPeMatico
South Korea to Review Legal Issues Surrounding Potential CBDC Launch
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. Go to Source Powered by WPeMatico
China Could Roll Out Its CBDC Without Anyone Realizing
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. Go to Source Powered by WPeMatico
