Representative Tom Emmer Introduces a Bill Aiming To Restrict the Fed from Supplying CBDC...

This Wednesday, Representative Tom Emmer introduced a particular bill intending to prohibit the Federal Reserve (Fed) from supplying central bank digital currency, or CBDC, to...

New China-based Decentralized Stablecoin Reportedly Eyes International Trading

Conflux, a blockchain project specializing in permissionless technology, recently announced its plans to support and supply its resources to introduce an offshore renminbi (RMB)...

Trials for the Chinese CBDC Has Now Reached the Beijing Subway

As per China’s announcement this Wednesday, subway passengers that are using the Industrial and Commercial Bank of China’s (ICBC) dedicated mobile app may now pay...

More Than 3,000 ATMs in China Can Now Convert the Chinese CBDC into Fiat...

Xinhua News reports that The People’s Bank of China’s (PBoC) CBDC, the Digital Yuan, is now available for withdrawals and deposits at more than 3,000...

Reports: The US Federal Reserve Will Release At Least Two Digital Dollar Prototypes This...

As per last week’s remarks of the US Federal Reserve Chairman Jerome Powell, they are now actively investigating the very concept of a digital dollar...

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...

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