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China closer to piloting the use of CBDC

News | Cryptocurrencies | 25 Jan 2021

China’s biggest cities have come closer and closer to holding pilots to promote the use of the country’s central bank digital currency (CBDC) in 2021.

China, CBDC, cryptocurrency, crypto testing, digital banking, centralised currency, DCEP, innovation

US Federal Reserve chairman says US is not rushing a CBDC

News | Cryptocurrencies | 15 Jan 2021

The chairman of the US Federal Reserve has announced that the US is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar.

US Fed, CBDC, Federal Reserve, USD, banking, digital currency, centralised currency