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Tag: e-CNY

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The...

Op-ed: How to resist CBDCs & avert a dystopian future

Ad Central Bank Digital Currencies (CBDCs) are similar to decentralized cryptocurrencies such as Bitcoin, except they centralize power and influence to a single entity...

Japan’s finance ministry to launch panel to assess digital yen: NHK

Japan’s finance ministry is reportedly planning to launch an expert panel in April to assess the feasibility of issuing a digital yen, according to...

Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF

Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations...

CBDC Transactions to Surpass $210 Billion in Less Than a Decade (Study)

A recent study conducted by the analytics company Juniper Research estimated that payments via central bank digital currencies (CBDCs) could reach $213 billion...

WeChat integrates digital yuan into its payment platform

By Amaka Nwaokocha Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity. WeChat,...

Silvergate teeters as regulators circle and crypto firms cut ties

In this issueSilvergate: Pearly gates?Lido DAO: Fake newsChina’s two sessions: Digital driveFrom the Editor’s DeskDear Reader,It’s often said in business that if you can’t...

The State of CBDCs in 2023

Executive Summary: According to the Atlantic Council’s Central Bank Digital Currency (CBDC) tracker, 114 countries are exploring a CBDC. Among them, 39 countries are...

China’s digital yuan initiative gets cold reception from Hong Kong visitors

Shenzhen city, China’s southeastern metropolis that connects the mainland to Hong Kong, has started to issue digital yuan hard wallets to Hong Kong tourists...

US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head

A cryptocurrency researcher and former CIA analyst believes the United States government’s relatively slow start on Central Bank Digital Currency (CBDC) development may result...

China Announces Plans to Establish Blockchain Tech Research Center

The crypto biosphere is new on the horizon as China becomes a blockchain technology pioneer. While the United States fixates on taming the “rogue...

China Establishes National Blockchain Organization (Report)

The Chinese Ministry of Science and Technology reportedly approved the launch of the National Blockchain Technology Innovation Center.  It will be based in the...

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