The Chinese CBDC Could Serve As Viable Backup to Both WeChat Pay and Alipay,...

The Central Bank Digital Currency (CBDC) of China, the Digital Yuan, could serve as an effective alternative for the country’s primary retail payment services,...

CBDCs Should Coexist with Physical Cash, says the Fed Chair

Jerome Powell, the Chairman of the US Federal Reserves, clarified today that if the US ever decided to establish a central bank digital currency (CBDC)...

China’s Next Step for the Digital Yuan – The Incorporation of a Hardware Wallet

The next development stage for the state-owned Chinese CBDC, the digital yuan, is perhaps the incorporation of a particular hardware wallet that notably excludes...
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India’s Central Bank Is Now Looking into the Possibility of a Digital Currency

The Reserve Bank of India (RBI) is now reportedly eyeing the possibility of digital currencies just a bit less than a year removed from...

Shenzhen China Will Host Its Third Digital Yuan Lottery on January 26; Will Give...

A few weeks after Shenzhen China's latest "red envelope" testing, which gave away over 20 million digital yuans or $3 million worth, the city recently...

Shenzhen Doubles Down On the Latest Red Envelope Testing; Will Give Away 20 Million...

On the first day of the New Year, the digital yuan lottery officially commenced in Shenzhen, China, allowing the participating citizens to register...

The Ukraine Government Aims To Work with Stellar To Develop A CBDC

Ukraine’s Ministry of Digital Transformation, alongside Stellar Development Foundation (SDF), announced this Monday the signing of a Memorandum of Understanding that aims to...
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The Digital Yuan Does Not Intend To Replace Any Present Fiat Currencies, As Per...

The former People’s Bank of China (PBoC) governor, Zhou Xiaochuan, stated on a particular conference this past Sunday that the highly-awaited digital yuan is...
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The Trial Results for the Joint CBDC Project of Saudi Arabia and UAE Concludes...

As per the Saudi Arabian and UAE central banks' official announcement, their joint CBDC initiative – "Project Aber" – has now finished trials that...
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China Schedules the Digital Yuan’s Second Lottery in the Double 12 Shopping

According to the local news publication, The Paper, Suzhou China is set to host the second lottery for the Chinese CBDC or Digital Yuan...

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