Tag: Currency

China Issues Digital Currency Guide for Party Cadres

China Issues Digital Currency Guide for Party Cadres Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming […]

PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin

PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, […]

RBI Governor Discusses Crypto and Central Bank Digital Currency

RBI Governor Discusses Crypto and Central Bank Digital Currency The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and […]

23 Central Banks Divulge Their Digital Currency Requirements

23 Central Banks Divulge Their Digital Currency Requirements Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also […]

US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat

US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see […]