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The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. Go to Source Powered by WPeMatico
2021 & 2022 touted to be the most important years for the development of CBDCs Go to Source Powered by WPeMatico
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan. Go to Source Powered by WPeMatico
Winners of the city’s lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants. Go to Source Powered by WPeMatico
A former PBoC official says that his country has taken a cautious approach with the digital yuan. Go to Source Powered by WPeMatico
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. Go to Source Powered by WPeMatico
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies. Go to Source Powered by WPeMatico
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. Go to Source Powered by WPeMatico
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
Before trying to apply blockchain to anything, think why. Go to Source Powered by WPeMatico
