News

The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The authority plans to issue a total of $6.2 million worth of digital currency to Beijing residents through a lot

Ray Dalio disclosed that China’s yuan will become the global reserve currency sooner than expected and the digital yuan would be more competitive than the US digital dollar.

Riksbank governor Stefan Ingves said there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline.

China Securities Regulatory Commission Director suggests that China can utilize the BaaS infrastructure of public blockchain networks for CBDCs establishment.

CBDCs: Sweden's reserve bank is reportedly working with commercial lender to test proposed virtual currency.

Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.

OKEx exchange officially announced establishing a strategic partnership with CuboPay, a local payment processor in Brazil. Exchange users are now allowed to use Brazilian real through PIX in exchan

OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system.

Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden.

Academic believes digital currency efforts could facilitate renminbi’s international acceptance and ‘popularity’

E-krona pilot project to test technical solution with Handelsbanken and TietoEVRY

55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies.

Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency.

Central bank opts for two-tier model for retail digital currency

Bank Indonesia is planning to launch its central state digital currency in response to the increasingly prosperous cryptocurrency market.