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The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency.

Former IMF managing director and newly-appointed president of the European Central Bank (ECB), Christine Lagarde, says Europe's central bank has set up a special committee to study the feasibility and 'unintended side effects' of a central bank digital currency. Lagarde made the comments at the

Christine Lagarde has pushed for the bank’s involvement in the development of a CBDC to address the demand for faster and cheaper cross-border payments.

Interview with Ms Christine Lagarde, President of the European Central Bank, in "Challenges" magazine, conducted by Mr Pierre-Henri de Menthon and Ms Sabine Syfuss-Arnaud, and published on 8 January 2020.

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the cur

There has been a good amount of discussion regarding Central Bank Digital Currencies (CBDCs) - digital iterations of the Euro, Dollar etc. Many central banks are experimenting with the concept. Another thought-provoking idea is the creation of a 'synthetic hegemonic currency' as proposed by the

China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency.

The Hong Kong Institute of Bankers has reportedly onboarded six digital banking institutions as corporate members.

Jens Weidmann, President of Germany's central bank (Bundesbank) and a governing councilor at the European Central Bank (ECB), told Handelsblatt this week that much needs to be understood before central banks should get into issuing a digital currency like Facebook's Libra or Bitcoin, commonly referred

Separating CBDC functions between tiers could disincentivise use during crisis periods

Pilot will be rolled out to rest of country after June 2020, says governor Rolle

Proof of concept blends anonymity with AML/CFT regulation

The U.S. could possibly lose the digital war to China if it doesn’t issue a digital dollar ahead of the digital yuan.

What are the key advantages and disadvantages of CBDCs?

Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry.