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Tag: central bank digital currencies

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

January 5, 2022 wp-bot Bitcoin News

China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as

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Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

November 16, 2021 wp-bot Bitcoin News

At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency

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Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO

November 14, 2021 wp-bot Bitcoin News

A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He

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Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

October 2, 2021 wp-bot Bitcoin News

Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the

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81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched

July 25, 2021 wp-bot Bitcoin News

Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in

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IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments

July 18, 2021 wp-bot Bitcoin News

The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital

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