News
3,621 articles tracked
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from Hong Kong residents.
The bill authored by a Republican state legislator would prevent the use of cryptocurrency as a medium of exchange starting July 1, 2024.
A former CIA analyst doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar but may cause geopolitical headaches.
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.
Central bank proceeding with pilot despite potential drawbacks
US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation.
Take-up could be as high as 25% of total money, but depends on design choices, IMF research finds
Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests.
Deputy governor says effect of paying interest unclear and could clash with other objectives
BoE deputy governor Jon Cunliffe compared a potential digital pound with Apple’s iPhone app store as it could “open a new frontier for people to improve payments.”
United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency.
On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.
Programmable money on shared ledger would preserve two-tiered structure