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Suzhou Will Carry Out Digital RMB experiment on Dec. 12 Suzhou will become the second Chinese city after Shenzhen to carry out a digital RMB experiment, according to a source with knowledge of the matter. On December 12th, the crypto yuan for the experiment will
The joint report is among the most promising CBDC studies conducted by central bank authorities
German Finance Minister, Olaf Scholz, sees the digital euro as an ideal innovation to meet the high demand for digital money from businesses and consumers in Europe.
Libra, Facebook's project to launch a global cryptocurrency, may launch as soon a January but as a stablecoin and not as a basket of assets that it originally sought to create. According to a report in the FT, Libra may launch in early 2021 as
Governments are increasingly liquidating crypto assets seized in criminal investigations.
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded.
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency.
But authors say CBDCs may be a more effective means of achieving the same goal
Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives.
China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies.
PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality.
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.
Ripple is looking to define its strategy regarding central bank digital currencies.