Central bank digital currencies (CBDC) RSS

In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more

The post Bank of China mandates digital yuan integration for retail scenarios appeared first on Payments Cards & Mobile.

China’s digital yuan transactions reached 1.8 trillion yuan ($250 billion) at end Q2 2023, announced Yi Gang, Governor, People’s Bank of China at a conference in Singapore. This was 18... read more

The post Digital yuan CBDC transaction smash $250 billion mark appeared first on Payments Cards & Mobile.

In a recent article written for the FT by former Bank of England economist Andy Haldane, I was struck by an element of his argument around central bank digital currency... read more

The post The government scandal at the heart of central bank digital currency appeared first on Payments Cards & Mobile.

A global survey on Central Bank Digital Currencies (CBDC) released by the CFA Institute, the global association of investment professionals, examines the possible implications for capital markets and investment practitioners... read more

The post Global survey shows limited understanding of CBDC appeared first on Payments Cards & Mobile.

A new report from BIS presents the results of a survey of 86 central banks conducted in late 2022 about their involvement in central bank digital currencies work, as well... read more

The post Results of the 2022 BIS survey on central bank digital currencies appeared first on Payments Cards & Mobile.