François Villeroy de Galhau - the governor of Banque de France - opined that the financial dominance of Europe can be preserved if crypto gets regulated.

China’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. Specifically, these pilots have been initiated in Chengdu and Xiong’an at a combined value of around $2.3 million. What sticks out about these trialsRead More

The Ukrainian parliament has passed a new payments law that would put its central bank digital currency(CBDC) on par with cash in Ukraine.

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."

The meeting was scheduled for May 11.

US investors in cryptocurrencies are not driven by a distrust of the mainstream financial industry, according to the Bank for International Settlements...

A recent report released by the Bank for International Settlements (BIS) pushed for CBDCs, saying that central bank digital currencies can be a good supplement to a competitive monetary system, and explored CBDC designs that countries can consider adopting. Central banks across countries are exploring digital currency options, including major economies like China, Japan, USA, and Russia. […]

@artiagarwalArti AgarwalWrite on Data Science, Bitcoin, Tech, Economics. Author & Researcher.The growth of cryptocurrencies like Bitcoin and Ethereum has led to a greater...

The Fed and Treasury have established their skepticism when it comes to cryptocurrencies and other digital assets. The industry with a market capitalization of about $1.4 trillion has garnered a lot o

The post Here's what the Fed vice chair had to say about Bitcoin, CBDCs and parachute pants appeared first on AMBCrypto.

"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau.

The MAS has unveiled a Global CBDC Challenge calling on companies around the world to provide solutions for retail CBDCs innovations.

The competition is designed to find innovative retail CBDC solutions that increase efficiencies and…

The post MAS, IMF and World Bank launch global retail CBDC challenge appeared first on Coin Journal.