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CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao.
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.
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,
CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.
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.
The Bank of England's CBDC-related job listings range from solution architect to senior manager.
Senior Bank of France official has said that CBDCs might challenge role of large banks in settlement of transfers.
Layers of governance could allow single common settlement platform for CBDCs
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.
Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan.
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.
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts.
CBDCs, Bitcoin, other cryptocurrencies, and fiat may be able to co-exist given current state of development: Report.