Central Bank Digital Currency ‘Incredibly Rich Area’ Says IMF

Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF) has made a strong argument for the development of Central Bank Digital Currency (CBDCs). He asserts that as...

Can Bitcoin Win the Influence Game Against CBDCs?

Bitcoin faced an intriguing precedent when it was accepted by a New South Wales court as collateral. Bitcoin Accepted as Collateral in Court Case BTC can be used to serve a...

Bank of England Adds Support for Central Bank Digital Currency

The latest voice adding to the chorus of support for a digital currency is that of Sarah John, the Bank of England’s chief cashier. She says it is “crucial”...

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...

China Launches Digital Financial institution Consortium Blockchain Funding Fund

A fintech firm in China has launched a worldwide digital financial institution consortium blockchain funding fund with the intention of making a number one digital financial institution. China Turning Digital Cao...

China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?

China’s Authorities and Central Financial institution simply can’t appear to align on the proposed central financial institution digital forex (CBDC). On Tuesday, government-supported tabloid, International Instances, reported that the...

Report Claims Central Banks Are Cautious About Issuing Their Own Digital Currencies

The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are...
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