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China turns up pace on CBDC release, tests infrastructure prior to adoption

by Cointelegraph By Andrew Singern | Jan 16, 2021 | adoption, CBDC, china, Stablecoin, Yuan

The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and...

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

by Cointelegraph By Greg Thomsonn | Jan 15, 2021 | CBDC, china, Digital Dollar, Dollar, Federal Reserve, Stablecoin, Yuan

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome...

Cointelegraph predictions for the first 5 CBDCs of 2021-2022

by Cointelegraph By Anirudh Tiwarin | Jan 11, 2021 | Australia, CBDC, china, Euro, European Union, fiat money, japan, Sweden, Yuan

2021 & 2022 touted to be the most important years for the development of...

State-owned Chinese bank rolls out ATMs for digital yuan

by Cointelegraph By Greg Thomsonn | Jan 11, 2021 | CBDC, china, Libra, Yuan

The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital...

Selected Shenzhen residents to get lottery ‘red envelopes’ with digital yuan

by Cointelegraph By Marie Huillet | Jan 4, 2021 | adoption, CBDC, Central Bank, china, Yuan

Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported...

China has no plan to replace USD with digital yuan, former PBoC head says

by CoinTelegraph By Helen Partz | Dec 14, 2020 | CBDC, china, Facebook, Libra, People's Bank of China, Yuan

A former PBoC official says that his country has taken a cautious approach with the digital...
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