CBDCs
China’s Fujian Province processes nearly $22B in digital yuan transactions
It also comes during a time in which the People's Bank of China (PBOC) has banned the use of other cryptos, such as Bitcoin and Ethereum.
Dorian Batycka 3 min read CBDCs News
Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Coverage footprint 1.1%
Top CBDCs Stories
Dorian Batycka 3 min read 
CBDCs
Speculation mounts that U.S. banking crisis was a ploy to push CBDCs
Nic Carter said the U.S. banking crisis took us a step close to CBDC adoption — speculations continue to circulate.
Opinion
Op-ed: The pound’s decline paves the way for Bitcoin adoption in the UK
The UK government turns to crypto in bid to restore former economic glory in the digital age.
More CBDCs News & Analysis
CBDCs
China’s WeChat starts accepting CBDC payments
WeChat Pay currently has over 1 billion monthly active users and allows for CBDC payments only on certain apps.
CBDCs
BIS successfully completes retail CBDC pilot called Project Icebreaker
Project Icebreaker's goal was to determine the efficacy of using CBDCs for cross-border payments between different currencies.
CBDCs
Australian central bank launches project to explore CBDC use cases
The Reserve Bank of Australia intends to analyze 14 different CBDC use cases in collaboration with multiple banks and the Digital Finance Cooperative Research Centre.
CBDCs
Sweden seeks to allay CBDC concerns by saying it has no ‘interest in looking at how people pay for things’
Sweden cares a great deal about privacy and considers it an an extremely important question when "talking about all types of digital monies."
Analysis
Bank of England Deputy Governor tells treasury committee CBDC could have “could have huge benefits for the economy and society”
The committee members supported the idea of a Bank of England backed CBDC, but cautioned against wild speculation in the broader crypto asset industry.
CBDCs
Bank of England official says digital pound provides big opportunity for businesses
Ben Broadbent said the digital pound could help provide a reduction in friction and cost of payment to businesses.
