Category: central bank digital currency

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

The People's Bank of China (PBoC) is looking to recruit blockchain tech and legal experts as it continues development of…

ECB Has ‘No Plans’ to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank (ECB) said Friday that the institution sees no "concrete need" to issue a…

Iran’s Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national…

India Eyes State Digital Currency to Cut $90 Million Banknote Bill

India's central bank is researching how to introduce a rupee-backed central bank digital currency (CBDC) into its monetary policy in…

Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a…

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency can potentially bring economic welfare gains for Canada and the U.S., according to a central bank researcher. In…

Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’

South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it…

Thailand Trials Central Bank Digital Currency for Interbank Settlement

Bank of Thailand (BoT), the country's central banking authority, is eyeing the adoption of blockchain technology in its interbank clearance…

Hong Kong Official Rules Out Plan for Central Bank Digital Currency

Hong Kong Monetary Authority (HKMA), the region's de facto central bank, currently has no plan to issue a central bank…

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