China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date....
China Files 84 Patents For Central Bank Digital Currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC.
China Serious...
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money....
Singapore’s Top Banker Predicts Endgame For Private Cryptos, Hails New Era Of Digital Currencies
Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has recently underscored the noticeable transformation in the monetary landscape, highlighting central bank digital currencies (CBDCs), tokenized...
The Fed Plans to Unveil Digital Dollar Prototypes in July
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of...
Ripple Becomes Gold Sponsor For The Digital Euro Conference
Ripple Labs has joined the Digital Euro Conference 2024 (#DEC24) as a gold sponsor, according to an announcement via X (formerly Twitter) by the Digital Euro Association (DEA). The...
100,000 Koreans To Test New Digital Won In Pilot CBDC Program
Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical...
