Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities 3 min read China Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities An economics professor and former adviser to the People’s Bank of China has urged the Chinese government...Read More
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar 3 min read CBDC Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar admin October 27, 2022 Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a...Read More
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar 3 min read Asean Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar admin October 16, 2022 Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency...Read More
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says 3 min read CBDC Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says admin October 14, 2022 Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the...Read More
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies 3 min read BIS China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies admin September 29, 2022 The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued...Read More
Settlements With China — Russia Plans Next Step for Digital Ruble 3 min read CBDC Settlements With China — Russia Plans Next Step for Digital Ruble admin September 28, 2022 Russia intends to use its digital ruble, to be introduced early next year, for payments with its...Read More
Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments 4 min read CBDC Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments admin August 7, 2022 A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its...Read More
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ 3 min read app stores Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ admin May 28, 2022 Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps...Read More
China’s Central Bank Adds More Digital Yuan Pilot Cities 2 min read Altcoins China’s Central Bank Adds More Digital Yuan Pilot Cities admin April 5, 2022 China’s central bank, the People’s Bank of China, has added more cities to test its digital currency....Read More
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets 2 min read CBDC China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets admin November 7, 2021 China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10...Read More
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals 3 min read Bakong Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals admin October 4, 2021 The central bank of Laos intends to explore issuing its own digital currency, according to a media...Read More
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency 2 min read Bank of International Settlements ‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency admin September 30, 2021 According to a report published by the Bank of International Settlements (BIS) and a group of central...Read More