CBDC
US administration takes stock of potential Chinese digital yuan threat
The Chinese CBDC may threaten the US dollar's sovereignty as the global reserve currency.China is currently a leader in the bank-regulated digital currency realm.US...
Global Perspective of a China’s Central Bank Digital Currency
Central Bank Digital Currency is a national digital currency of each country aiming for integrity in financial transactions.The second round of digital yuan trials...
PayPal co-founder Peter Thiel apprises of the situation in a virtual event
China may be cunningly pushing for Bitcoins to counter the US dollar's long-standing dominance as a reserve currency.China's rapid research and operations also fuel...
BoT launches CBDC venture and proceeds for public opinion
The BoT has strictly instructed that anyone using stablecoin for transactions will be penalized from futureThe Bank has circulated a form to consider...
Bank of Japan Initiates the First Phase of CDBC Testing
PoC Phase 1, with an expected duration of 1 year, will establish a systematic experimental environment to test and verify CBDC's fundamental services.BOJ proclaimed...
Bank of Korea chief remarks that CBDC will lead to devaluation of private cryptos
Central Bank Digital Currencies (CBDC) are cryptocurrencies specific to a given country.Several countries are experimenting with this new technology as the popularity of blockchains...
Jeremo Powell wants US Citizens investing in cryptocurrencies
Jerome Powell, US Federal Reserve Chairman, is worried about the growing repercussions of cryptocurrencies could have on the US citizensBank of International Settlement hosted...
CBDCs could be Kryptonite for soaring Bitcoin price
The Bitcoin price volatility is giving its potential to Ethereum and CBDCsEthereum could surpass Bitcoin in terms of security, as the DeFi ecosystem is...
Chinese Authorities Unearth New CBDC Scam
Local Chinese authorities have caught wind of a scam The scam promised all recipients a part of a pool of $186 million in virtual...
The Synchronization of Public and Private Money in the Digital Age
The current economy represents a dual monetary spaceThe private sector provides innovation and product diversity, the public sector ensures stability and efficiencyWith the emergence...
