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The Agricultural Bank of China previously debuted digital yuan ATMs this January.
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued.
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season.
Despite growing interest, some central banks are staying out of the digital currency game
Keynote speech by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the virtual European Payments Conference "Key Trends in the European Payments Landscape", virtual event, 17 June 2021.
The ASEAN Financial Innovation Network (AFIN) has partnered with R3 to build and test central bank digital currencies (CBDCs). CBDCs have emerged as a hot topic of governmental innovation - fueled in part by the rise of stablecoins utilized as digital references of fiat currency.
In a speech delivered at the Future of Fintech Conference, Tom Mutton - Director responsible for Central Bank Digital Currency at the Bank of England, provided an update on the progress of central bank-issued digital currency. According to Mutton, CBDCs are viewed by the bank
The advent of the Digital Euro may spark a reduction in cash deposits by 8%, estimated by Morgan Stanley.
Launching a central bank digital currency (CBDC) is no mean feat. Launching one during a pandemic is an even tougher task. In March 2021, the Eastern
Central banks are not traditionally known as trailblazers; stability tends to outweigh efficiency and innovation within these institutions every day. And
Central bank digital currency (CBDC) was the buzzword for 2020. Despite the pandemic, news websites were littered with announcements of new research and
Speech by Mr Andrew Bailey, Governor of the Bank of England, at the City UK Annual Conference, 15 June 2021.
Welcome remarks by Dr Johannes Beermann, Member of the Executive Board of the Deutsche Bundesbank, at the fifth International Cash Conference 2021, virtual, 15 June 2021.
CBDCs: Swiss National Bank, Banque de France, BIS Innovation Hub, Accenture launch new digital currency pilot.
On June 15th, the House Financial Services Committee, Task Force on Financial Technology (Fintech) will hold a hearing on central bank digital currency (CBDCs). Entitled, Digitizing the Dollar: Investigating the Technological Infrastructure, Privacy, and Financial Inclusion Implications of Central Bank Digital Currencies, the hearing will dive