Central Bank Digital Currencies Not a ‘Fad,’ MetLife Investment Says

The investment giant predicts CBDCs will continue gaining steam, although Western central banks have more outstanding questions than answers.

Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

Rise of CBDCs could boost demand for privacy coins in 2021

The establishment of Central Bank Digital Currencies (CBDCs) could increase demand for privacy coins…

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Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps

U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are conside...

China moves closer to nationwide digital currency launch

The Shenzhen government has given away $3 million worth-of Digital Yuan as it conducts…

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Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor

Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency.

Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes

The Bank of France’s deputy governor said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the general public.

China’s Latest Digital Currency Trial Is Its Most Important Yet

More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.

Digital Yuan gains major support after initial airdrop

China has airdropped $3 million worth of its Digital Yuan, and the central bank…

The post Digital Yuan gains major support after initial airdrop appeared first on Coin Journal.

Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments

PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.