by kollen post | May 29, 2020 | AML, CBDC, CFTC, Coronavirus, Dollar, Federal Reserve, Government, KYC, Regulation, United States
Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. On May 28, the Digital Dollar...
by abhinav agarwal | May 26, 2020 | CBDC, IMF, News
Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF’s Tommaso Mancini-Griffoli. Original Source: Coindesk Private Firms Can Boost...
by stephen o neal | May 26, 2020 | CBDC, China, Regulation, Yuan
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. The People’s Bank of China, or...
by kollen post | May 20, 2020 | Banks, CBDC, EU, Euro, France, Payments, Regulation
Digital Euro Sees First Successful Test at the Bank of France The French central bank has announced the first successful test of a digital euro. Per a May 20 announcement from Banque de France, France has become the first country to successfully trial a digital euro,...
by ting peng | May 19, 2020 | Bitcoin, CBDC, China, Cryptocurrencies, Libra, Regulation
Chinese Communist Party Adds Crypto to Curriculum Chinese Communist Party school publishes a new book on crypto. A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency. According to a local...
by ting peng | May 19, 2020 | Banks, Blockchain, CBDC, Central Banks, South Korea, Technology
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report. South...