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CBDC
China's Latest Digital Currency Trial Is Its Most Important Yet
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.
What Is a CBDC?
A CBDC is a digital currency that is issued by a government and are usually a tokenized form of the country’s fiat currency.
Citigroup Helping World Governments Build Digital Currencies, CEO Says
The multinational banking giant has been calling digital currency all but inevitable since 2014.
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
Russian banks and financial brokers are worried the digital ruble will be a burden for them.
China's Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
In a wide-ranging speech, Xi said the G20 “needs to discuss developing standards and principles for central bank digital currencies.”
Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
Central bank digital currencies can have broad implications for the global balance of power, experts say.
ECB's Lagarde Has 'Hunch' Digital Euro Will Launch in 2-4 Years
ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.
Lebanon Preparing Central Bank Digital Currency for 2021 Rollout
Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector.
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China's Capital
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.
