Digital Yuan Won’t Threaten Dollar’s Dominance, Says BOJ Official

The head of the BOJ payment systems department is confident that “the dollar’s status as the…

Biden Administration Keeping Tabs on Digital Yuan Development in China

Sources close to the matter told Bloomberg that the administration is “stepping up scrutiny of China’s…

Bank of Russia to Pilot Digital Ruble in 2022

First Deputy Governor Olga Skorobogatova said that a digital Ruble prototype will be created in December…

China’s CBDC Trial Expands to Hainan Province

The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan…

Microsoft President Says Governments Still Best-Placed to Issue Currency

Micorsoft in the Public Interest Brad Smith, President of Microsoft Corp., says that he believes governments…

China CBDC Research Head: Digital Yuan Has Highest Privacy Protection

According to a claim made by Mu Changchun, the head of the central bank’s digital currency…

Fed Chairman Not Interested In Cryptos, But Calls Them A Substitute To Gold

Federal Reserve Chair Jerome Powell has voiced his opinions related to the cryptocurrency market. Powell speaking…

Bank of Japan Preparing to Experiment with CBDC

These remarks came in the closing statements of speech Kuroda gave about integrating information and financial…

China to Launch Biggest Digital Yuan Trial in Chengdu

China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency…

China’s Digital Yuan Trial Moves to Promotion Stage, WeBank and MYbank Jump In

In the latest development, two privately owned banks, Ant Group’s MyBank and Tencent’s WeBank, were enlisted…

Bank Of Japan Claims That No Single Crypto Will Rule

While many in Japan seem concerned about China’s CBDC, there are high-ranking officials who are not.…

Deputy Governor Of The PBOC Reveals Details Of CBDC Testing

The PBOC official recently revealed some data regarding digital yuan testing. The bank opened 113,300 wallets…