PBoC Official Pushes for Centralized State Digital Currency
China's central bank is considering its own digital currency, but it may not be built with blockchain technology, according a senior official.
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
The race is on to build the best "stablecoin" – a cryptocurrency with mechanisms aimed to reduce price volatility built in.
Banque de France is seeking a blockchain analyst who will help the bank define a program for implementing digital currency.
Crypto exchange Gemini has hired former NYSE chief information officer Robert Cornish to serve as its first chief technology officer.
The Deputy Governor of the Bank of Italy believes that central banks are not yet ready to issue institute-backed digital currencies.