China’s central bank is rolling out a new framework for the digital yuan that will allow commercial banks to pay interest on ...
Investors bought up $188 million in stocks linked to the Chinese CBDC. Share prices soared by over 12% on Tuesday. Chinese banks will pay customers interest on their CBDC holdings.
Chinese investors have injected over $188 million into digital yuan-related stocks following the People’s Bank of China’s ...
Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...
China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...
CBDCs and fiat-backed stablecoins may look alike, but they differ in issuer, legal status, risk, and monetary control.
China has repositioned its digital yuan as interest-bearing “digital deposit money,” expanding use cases and reinforcing leadership in global CBDC development.
The European Union continues to plow forward with Central Bank Digital Currency (CBDC), unlike the US, which has chosen privately issued stablecoins as a preferred option to enable digital dollars as ...
The U.S. government is reportedly exploring the creation of a central bank digital currency, commonly referred to as a CBDC. According to Treasury Secretary Janet Yellen, a digital dollar could help ...
Fed paper examines pros and cons of creating a CBDC, solicits public comment The Federal Reserve Board (FRB) released a discussion paper on Jan. 20, 2022, that looks into the pros and cons of creating ...
As decentralized finance (DeFi) takes the world by storm, many are left asking themselves how the multi-trillion dollar centralized banking industry takes part in Web3. With the goal of DeFi to put ...