Tag: CBDC
China expands its digital currency program
China is expanding its digital currency program to cover 28 provinces and cities, including Hong Kong, Shanghai, and Macau.
The People's Bank of China is...
Thailand to pilot crypto baht in first central bank digital currency project
Following in China’s footsteps, Thailand is accelerating its development of a central bank digital currency (CBDC).
Siam Cement Group(SCG) has announced that it has signed...
China may launch its crypto yuan early for COVID-19 stimulus
Industry insiders have hinted that China may accelerate the launch of its central bank digital currency in order to counter potential U.S. threats to...
ECB announces new thrust to focus on CBDC, says it’s a ‘game-changer’
According to an executive at the European Central Bank (ECB), a retail central bank digital currency (CBDC) would be a “game-changer.”
Yves Mersch, an executive...
First glance of China’s digital currency leaked, it also works offline
Despite the ongoing global meltdown, the People’s Bank of China has remained resolute, reaffirming that it still intends to launch its central bank digital...
Bank of England explores CBDC in new report
On March 14, UK's central bank, the Bank of England (BoE), recently released a discussion paper exploring the issuance of a central bank digital...
