Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
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Decentralization is the final frontier for CBDCs
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts.
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Asia-Pacific’s solarized digitalization agenda in pandemic times
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change.
Read moreNorway’s Norges Bank Begins CBDC Exploration
More and more national banks are announcing their intent to begin research on central bank digital currencies (CBDCs) in a month where cryptocurrencies have risen
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Norway to start digital currency tests after four years of research
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests.
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China’s digital yuan could be a fatal blow for Macau casino junkets
Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the
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