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Japan prepares to launch digital Yen
According to Reuters, about 70 lawmakers from the ruling party feel a digital yen is needed to counter the approaching launches of Libra and China’s own digital currency. The effort... more
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ECB wants plans to develop a central bank digital currency
The European Central Bank says it is exploring whether to develop a central bank digital currency (CBDC) as an alternative to cash. One of ECB’s most prominent board members warns... more
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Could the EU launch its own digital Euro
The European Central Bank (ECB) is considering the infrastructure to deploy its own digital Euro currency as a rival to, as an example, Facebook’s Libra, a draft document from the... more
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European central banks take big steps against Libra coin
Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... more
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Central Bank of China gears up to launch regulated digital currency
As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced that the country will soon roll out its central bank digital currency (CBDC.)... more
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