China Completes Testing For CBDC Blockchain
China has unveiled new developments in their central bank digital currency project

China has unveiled new developments in their central bank digital currency project
Their trial uses a method similar to how protocols create wrapped Bitcoin and Ether.
Beneath the surface of CBDCs: uncovering concerns about Central Bank Digital Currencies
This pilot program will involve both private banks and public institutions, with technical expertise provided by the Bank for International Settlements (BIS).
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) embarked on this research venture last year, aiming to explore the possibilities associated with asset digitisation and the utilisation of CBDCs.
While noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.
Ms. Fortune was speaking at Citibank’s 10th Annual Digital Money Symposium
Bank of Japan Governor Haruhiko Kuroda argued that CBDCs should coexist with stablecoins
As blockchain innovation and digital finance evolve across the globe, central banks have started designing their central bank digital currencies (CBDC).
India remains firm on its idea to introduce the Central Bank Digital Currency (CBDC) in 2022-23. In the recent most ...