Digital Currency News

For two decades, the digital currency paradigm was a largely fringe concept championed by cryptography advocates before the launch of the cryptocurrency Bitcoin (BTC) in 2008, which heralded a new technological and social phenomenon. 

While the goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security, digital currencies more broadly encompass any digital form of money, including the more recent trend of central bank digital currencies, or CBDCs. 

Currently in development in China and other countries, these digital currencies may leverage blockchain technology for secure payments but with added capital controls and surveillance practices in stark contrast with the ethos of cryptocurrencies. 

The future of digital currencies is uncertain. Will CBDCs become the dominant form of digital cash adopted by the masses, or will people opt into a more open, secure, permissionless financial system in the form of Bitcoin and the crypto economy?

News
Japan is getting more serious about the digital yen.
Japan must amend central bank laws to issue digital yen, says official
Helen Partz
2020-10-12T11:07:26+01:00
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Video
The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB.
US vs. China: Who will win the digital currency war?
Marco Castrovilli
2020-10-09T19:05:00+01:00
10415
News
China's e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi.
JD.com's fintech wing partners with PBoC on digital currency projects
Mohammad Musharraf
2020-09-21T14:57:00+01:00
9416
News
Before trying to apply blockchain to anything, think why.
European central bank execs explain why CBDCs don’t need blockchain
Helen Partz
2020-09-21T14:34:21+01:00
8126
News
The digital renminbi is legally compensatory to China’s fiat currency.
No one can refuse China’s digital currency, says central bank exec
Helen Partz
2020-09-14T10:32:45+01:00
25312
News
The wait for CBDCs continue.
The Blockchain Service Network will stimulate China’s CBDC plans
Felipe Erazo
2020-09-13T15:00:00+01:00
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News
The digital yuan will not unseat the U.S. dollar — at least not right away.
At least 3 nations to replace their currency with CBDC by 2030: report
Helen Partz
2020-09-09T11:00:00+01:00
11755
News
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate.
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
Felipe Erazo
2020-08-28T19:05:00+01:00
5580

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