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3,621 articles tracked

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US

CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao.

May 4, 2021cointelegraphProject Hamilton
Accenture and Digital Dollar Foundation to trial United States CBDC this year

Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.

May 4, 2021cointelegraphProject Hamilton
The Bank of Thailand Publishes Paper on Central Bank Digital Currencies: The Way Forward

The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in Project Inthanon,

May 4, 2021crowdfundinsiderInthanon
Rolling up the sleeves: China’s tech giants drive digital yuan adoption

CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.

May 1, 2021cointelegraphDigital Euro
Our Man in Shanghai: Huobi to become Grayscale of Asia, Yao Ming’s NFT wine and more ...

Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector.

Apr 30, 2021cointelegraphe-CNY
England’s central bank moves ahead with CBDC with 7 job postings

The Bank of England's CBDC-related job listings range from solution architect to senior manager.

Apr 30, 2021cointelegraph
Bank of France Official Says CBDCs Might Challenge Role of Large Banks in Settlement of Transfers

Senior Bank of France official has said that CBDCs might challenge role of large banks in settlement of transfers.

Apr 30, 2021crowdfundinsiderDigital Euro
MAS proposes ‘unbundling digital currency stack’

Layers of governance could allow single common settlement platform for CBDCs

Apr 28, 2021centralbanking
ConsenSys to develop private version of Kakao’s Klaytn blockchain

A private version of Klaytn is being developed in order to take part in South Korea's CBDC pilot to be launched later this year.

Apr 26, 2021cointelegraph
Ant Group highlights private sector's role in developing digital yuan

Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan.

Apr 26, 2021cointelegraphe-CNY
Demand for PayPal’s crypto offering exceeded all expectations, CEO says

In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal's CEO predicted.

Apr 26, 2021cointelegraph
Top Chinese banks promote CBDC over local payment firms for shopping festival

Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.

Apr 26, 2021cointelegraphe-CNY
Chinese online retail giant JD.com adopts digital yuan for salary payments

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.

Apr 26, 2021cointelegraphe-CNY
Decentralization is the final frontier for CBDCs

Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts.

Apr 25, 2021cointelegraphDigital Euro
CBDCs, Bitcoin, Other Cryptocurrencies, and Fiat May be Able to Co-Exist Given Current State of Development: Report

CBDCs, Bitcoin, other cryptocurrencies, and fiat may be able to co-exist given current state of development: Report.

Apr 25, 2021crowdfundinsider