Digital Currency
February 27, 2024
Published by Victoria Kyle at February 27, 2024
An allegedly fake digital yuan app has been uncovered, as reported in a post on WeChat attributed to the Chinese Ministry of Industry and Information Technology. […]
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February 17, 2024
Published by Victoria Kyle at February 17, 2024
European Central Bank (ECB) executive board member Piero Cipollone addressed the European Parliament Committee on Economic and Monetary Affairs regarding the ECB’s preparations for the issuance […]
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January 30, 2024
Published by Victoria Kyle at January 30, 2024
The Central Bank of the United Arab Emirates (UAE) successfully executed its inaugural cross-border transaction using the digital dirham. This transfer, amounting to 50 million AED […]
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Published by Victoria Kyle at January 30, 2024
The Bank of Japan (BoJ) recently engaged in its inaugural official dialogue with the Japanese government regarding the development of a central bank digital currency (CBDC). […]
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November 30, 2023
Published by Victoria Kyle at November 30, 2023
People who were aware of CBDCs were more reluctant to adopt the technology when compared with those who didn’t know about it. The Bank of […]
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October 13, 2023
Published by Victoria Kyle at October 13, 2023
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. On October 11, China […]
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October 05, 2023
Published by Victoria Kyle at October 05, 2023
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows. In the pursuit of establishing […]
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September 26, 2023
Published by Victoria Kyle at September 26, 2023
The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. Project mBridge, an […]
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September 18, 2023
Published by Victoria Kyle at September 18, 2023
On Sept. 20, the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. The U.S. House […]
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