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China rolls out digital yuan wallet to foster further e-CNY adoption

China is actively pursuing its plans to launch a central bank digital currency (CBDC), with the latest development being the launch of a digital yuan wallet. A report unveiled this news on January 4, noting that the People’s Bank of China (PBoC) rolled out the beta version of the wallet to expand the usage of […] The post China rolls out digital yuan wallet to foster further e-CNY adoption appeared first on Invezz. дальше »

2022-1-6 21:50


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 18:12


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Cambodia to Erase US Dollar Hegemony with Project Bakong

Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More дальше »

2021-8-7 17:00


China to Scale Digital Yuan Pilot to 28 Cities as it Solidifies Its Tokenomics Dominance

China’s digital yuan ‘DC/EP’ might soon be replacing the fiat renminbi in circulation following an announcement by the country’s ministry of commerce to scale the pilot in more cities. This PBoC backed digital currency has been in progress since 2014 but was only piloted recently, marking a significant milestone towards the adoption of CBDC’s. The […] дальше »

2020-8-17 17:06