Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
Shenzhen, Guangzhou, and Xiong'an New Area are reportedly gifting citizens roughly 90 million digital yuan in red packets to citizens in a bid to restart the economy following Covid-19.
Oluwapelumi Adejumo 2 min read 
Senators Marco Rubio, Tom Cotton and Mike Braun sponsored a bill to prohibit companies to host software that supports payments in China's new CBDC, the eCNY
Fed Vice Chair Lael Brainard said that the U.S. needs a CBDC to ensure the country's competitiveness in the global digital financial landscape of the future.
The current traditional financial system has failed many countries leaving them subservient to the US Dollar, the meeting from 44 countries in El Salvador shows nations want change and see Bitcoin as a opportunity to do so.
The G7 is advocating for swift and comprehensive regulation to the same standard as the traditional financial system
South African central bank's Deputy Governor Kuben Naidoo said a digital rand could reduce the cost of cross-border payments for banks.
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC
Over $1.26 billion worth of crypto was stolen from DeFi protocols in the first three months of 2022 — and it's about to get worse.
A research by the Bank of International Settlements (BIS) shows that nine out of ten central banks are working on a CBDC project presently.
