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Giesecke + Devrient hired as “technical consultant”

Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual ass

Digital currency and fast payments present ample opportunity for improvements, say policy-makers

PBoC vows to promote e-yuan use beyond retail payments

Speech by Mr Christopher J Waller, Member of the Board of Governors of the Federal Reserve System, at the symposium "Digital Currencies and National Security Tradeoffs", presented by the Harvard National Security Journal, Cambridge, Massachusetts, 14 October 2022.

In a recent update, it was reported that the Bank of Jamaica is set to partner with the Government to boost the adoption of its central bank digital currency, JamDex, as a payment method.

Speech by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the Payments Association (PA) EU "Payments tomorrow" – Annual Conference 2022, Madrid, 14 October 2022.

Speech by Mr Michael S Barr, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at the DC Fintech Week, Washington DC, 12 October 2022.

Speech by Ms Christine Lagarde, President of the European Central Bank, at the forty-sixth meeting of the International Monetary and Financial Committee (IMFC), IMF Annual Meetings, Washington DC, 14 October 2022.

The Chinese Central Bank Digital Currency (CBDC) also known as the e-CNY has hit close to $14 billion (100.04 billion Yuan) from 360 million transactions as it gains widespread acceptance in countr

Waller said the Fed has not made decisions concerning CBDCs. He stated that his remarks are aimed at giving a free and open dialogue on the utility of such digital currencies.

The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller.

The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.

The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.