While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems.
Read more
Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded
Read more
Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country.
Read more
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the
Read more
Ukrainian e-bank plans to offer Bitcoin trading in July
Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month.
Read more
Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain
Vietnamese news outlets have reported that the country’s prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for
Read more