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Tag: central bank digital currency

US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals

January 14, 2022 wp-bot Bitcoin News

A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals.

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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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India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy

December 29, 2021 wp-bot Bitcoin News

India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively

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UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions

December 13, 2021 wp-bot Bitcoin News

The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its

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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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China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

November 7, 2021 wp-bot Bitcoin News

China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese

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