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...
Improvements have been implemented into China's Central Bank Digital Currency (CBDC), often known as the digital yuan or eCNY. These upgrades have given the...
A European Union-backed digital Euro will be introduced sometime in 2023, according to a top EU official. First reported by Politico, the European Commission’s (EC) finance chief Mairead McGuinness said that the EU will officially propose a bill that will serve as the legal foundation for a virtual version of the Euro early next year. […]
China is testing out a central bank digital currency (CBDC) during the 2022 winter Olympics while the rest of the world still remains in a research and development phase. The digital yuan (eCNY) is currently being offered to athletes and foreign visitors to Olympic Village in Beijing, as well as cash or Visa cards. The […]
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games. (Read More)