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New players in finance include fintech and big tech firms with digital platforms in e-commerce, search or social media. Increasingly, incumbent financial institutions are also adopting platform-based business models. Digital platforms operate in multi-sided markets, using big data to match different groups of customers (eg users and providers). This paper assesses how these models can affect financial inclusion, competition, financial stability and consumer protection.

The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores.

While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland.

Country is in the vanguard of digital currencies as it begins its national launch this quarter

The People’s Bank of China has extended its pilot tests for the country’s Central Bank Digital Currency (CBDC) or digital Yuan with the launch of a new mobile wallet for Android and iOS users.

The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday.

CBDC could have expiry date to help consumers recover lost money, authors say

The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021.

New technologies and a next-generation payment infrastructure would help Mexico become more financially inclusive.

Banco de México, the Central Bank of Mexico has revealed that its projected CBDC will be up for public distribution by 2024.

India’s central bank plans to launch a basic model of the CBDC before implementing a more sophisticated version.

Speech by Ms Anita Angelovska Bezhoska, Governor of the National Bank of the Republic of North Macedonia, at the 13th Conference on Payments and Market Infrastructures, jointly organised by the National Bank of North Macedonia and the Netherlands Bank, Ohrid (digitally), 9 December 2021.

Thailand will be slow but prudent in testing its CBDC to ensure that it does not have problems with funder transfers and other payments.

Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.

Anonymous CBDC has major drawbacks, but privacy in payments can still work, says Dave Birch