• CBDC Google searches
    Google searches for CBDC's spiked as much as Bitcoin did in late 2017/early 2018, and Libra in 2019 (Photo: BIS)
    Politics,  Technology

    Central bank digital currencies capture public’s interest like Bitcoin, Libra

    Google searches about CBDCs have grown as fast in 2020 as Facebook’s Libra did last year and Bitcoin in late 2017/early 2018

    August 24, 2020 /

    According to an Aug. 24 report from the Bank for International Settlements, “there is growing discussion of a new payment technology: central bank digital currencies (CBDCs).”

    Read More
  • digital yuan coming to Beijing
    The test app for the digital yuan is already in use (Photo: Twitter)
    Cryptocurrencies,  Technology

    China’s digital yuan is coming to Beijing, Hong Kong

    The country announced a major expansion of its central bank digital currency test, taking it from four cities to the capital, economic engine Hong Kong, and several provinces including wealthy Guangdong

    August 14, 2020 /

    China’s Commerce Ministry said on Aug. 14 that it is expanding its central bank digital currency experiment to the capital and some of the country’s wealthiest regions, the Wall Street Journal reported.

    Read More
  • U.S. is researching digital dollar
    The U.S. Federal Reserve is actively researching a digital dollar, according to Fed Governor Lael Brainard (Photo: Council on Foreign Relations)
    Cryptocurrencies,  Politics,  Regulation,  Technology

    Fed Governor says U.S. is researching a digital dollar

    The Federal Reserve may be well behind China, but news that it is actively looking at a central bank digital currency is a big step forward

    August 14, 2020 /

    Federal Reserve Governor Lael Brainard said Thursday a U.S. central bank digital currency won’t happen overnight. A significant policy process which the Fed has not committed to would be required to consider the issuance of a CBDC, along with extensive deliberations and engagement with other parts of the federal government and a broad set of other stakeholders.

    Read More
  • Japan central bank digital currencies
    The Bank of Japan is a long way from making these digital, but it's finally trying (Photo: Pixabay)
    Cryptocurrencies,  Politics,  Technology

    Bank of Japan’s top economist to head up department focused on digital currencies

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy ramps up efforts to embrace central bank digital currencies as China races ahead in creating one

    July 31, 2020 /

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy makes a concerted effort to embrace financial innovation—and avoid being left behind.

    Read More