CoinDesk 50: How the People’s Bank of China Became a CBDC Leader
China's central bank, part of CoinDesk's new 50 list, is a pioneer of central digital currencies. Now the rest of the world is racing to catch up.
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects.
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain.
The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday.
Former U.S. Treasury Secretary Larry Summers said there may be “too much privacy” associated with government-issued cash, noting the prevalence of money laundering and its widespread use for storing and moving the proceeds from corruption.