Global Compatibility will determine the CBDC Race, says Expert

Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong, believes that international interoperability will become the cornerstone of the CBDC race. While speaking at the unitize Blockchain conference on July 14, he argued…

Bank of England considering a CBDC

News of a possible English CBDC are coming out of London after Bank of England governor Andrew Bailey revealed that they considering a digital currency. The head of the top bank made this public in a webinar while addressing some…

Visa Crypto Chief: CBDC most important trend in payments in the coming decade!

Central Bank Digital Currencies or CBDCs may just be one of the most important developments over the next decade according to Visa’s head of crypto, Cuy Sheffield. Sheffield tweeted that “as governments evaluate CBDC, the path they decide to take…

ECB President, Lagarde, Pushes for Central Bank Digital Currency

The president of the European Central Bank (ECB), Christine Lagarde, has thrown her weight behind the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments. Speaking…

China’s Top Bank says that a Government Backed Digital Currency is Close

The people’s bank of China has said that it is progressing smoothly with its development of a government backed digital currency. The bank issued this statement during a conference in Beijing that was held on Jan 2-3 according to an…

Chinese Economists Divided on Beijing Issuing its own Coin

Economic experts from China reportedly do not agree on the future of the Blockchain according to a survey from internet giant Tencent. The survey was conducted by Tencent’s financial science and technology Think tank where they sent questionnaires to a…

Iran Could Soon Unveil her very Own State Backed Crypto-currency

According to local English language news outlet Aljazeera, Iran could unveil its state-backed crypto-currency at the Electronic banking and payment systems conference in Tehran this week. The country which has been marred by sanctions, including fresh ones from the United…