IMF says it will play a ‘key role’ in the shift to a world of digital money
The IMF must bolster its resources to track, provide recommendations and help manage the complex and potentially far-reaching transition to digital money.
IMF says it will play a ‘key role’ in the shift to a world of digital money
The IMF must bolster its resources to track, provide recommendations and help manage the complex and potentially far-reaching transition to digital money.
US lawmakers warn of lag behind China in CBDC development
Members of the U.S. House committee on National Security, International Development and Monetary Policy expressed concern about China's leadership in developing a national digital currency (CBDC). The Block reports.
RBI signals phased rollout of CBDC
The RBI is working on a phased rollout strategy for the national digital currency (CBDC) and its deployment in wholesale and retail segments, Deputy Governor T. Rabi Sankar (T. Rabi Sankar) told Bloomberg.
Nigeria’s central bank sets timeline for CBDC pilot launch
The Central Bank of Nigeria (CBN) will roll out the pilot of the national digital currency (CBDC) by October 1, 2021, according to Peoples Gazette.
China calls US bid to ban athletes from using the digital yuan unfounded
Chinese Foreign Ministry spokesman Zhao Lijian criticized American politicians for attempting to ban US athletes from using the digital yuan at the Beijing Olympics.
Bank of Canada signals CBDC launch “to boost competition”
The CBDC will benefit citizens by breaking up the monopolies of large tech companies and banks. This conclusion comes from Bank of Canada analysts' study.
PBoC publishes first white paper on the digital yuan
The PBoC's R&D working group for the DCEP published a technical paper on the national digital currency.
Fed chair: the emergence of a digital dollar would dent Bitcoin’s popularity
Fed Chair Jerome Powell questioned the need for stablecoins and cryptocurrencies after the emergence of a digital version of the dollar. The remarks came during Q&A with House lawmakers following his testimony on the state of the economy.
ECB clears the way for the research phase of the digital euro
The Governing Council of the European Central Bank (ECB) has decided to start the research phase for the national digital currency (CBDC).
Media: UAE outlines timelines for CBDC development
The Central Bank of the United Arab Emirates announced the development of its own digital currency (CBDC) in the Development Strategy for 2023-2026, according to Gulf News.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.