South Korea Appoints Legal Advisory to Study CBDC

South Korean central bank has appointed a legal advisory group to study the issues and the feasibility of launching a central bank digital currency (CBDC). Announced on Monday, the six-member team includes t...

Glimpse Of Finance 2.0 As China Launches Digital Yuan

China’s announcement to locally launch its digital Yuan is set to be a major catalyst that drives legacy financial systems into the era of bitcoin and decentralised money. Throughout 2019, the People’s Bank ...

China to Pilot Distribution of CBDC to State Employees

China is slowly heading towards the launch of its official central bank digital currency (DC/EP) and decided to issue it to local government employees. According to a report by local news daily China Star Ma...

South Korean Central Bank Launches CBDC Pilot Program

The Bank of Korea announced on Monday the launch of a pilot program for a central bank digital currency (CBDC). Though the central bank has no plans to launch the digital version of the won, with the pilot i...

Chinese Central Bank Finishes Basic Development of CBDC

The People’s Bank of China (PBoC) has completed the development of basic features of its central bank digital currency (CBDC), taking another step towards its launch. Reported by the Global Times on Tuesday,...

China Files 84 Patents For Central Bank Digital Currency

Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. According to the Financial Times, Chi...

Japan Lawmakers Want Digital Yen Discussion at G7 Summit

A group of Japanese lawmakers is suggesting the country issue a digital currency and raise this issue in the upcoming G7 summit. Reported by Reuters on Friday, all the lawmakers are from the Liberal Democrat...