Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer?
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.
CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts.
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change.
The central bank official said stablecoins issued by private companies may require “stronger regulatory rules” than Bitcoin.
Economies are currently experiencing the development of brand new ideas around CBDCs, stablecoins or private digital currencies.
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.