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Beijing is primed to launch the world's first digital sovereign currency. The rollout will give authorities a powerful tool to tackle fraud and money laundering. The underlying technology will be the breakout innovation to watch for, says Robyn Mak......»»

A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît CÅ“uré......»»

China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says......»»

Speaking at the Economic Club of New York on Wednesday morning, the head of the money-transfer giant explained that customers firmly favor fiat currency over upstart digital counterparts due to the broad usability of cold, hard assets like cash......»»

Lately the Bitcoin roller-coaster ride has been more "whoa" than "wheee," but volatility is nothing new for the digital currency. China and Elon Musk have played roles in its recent pl.....»»

US Launching Five Digital Dollar Pilot Programs By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challeng.....»»

Chinese authorities want to have a digital currency in widespread use, but privacy advocates worry.....»»

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

'BritCoin' - UK Considers New Central Bank Digital Currency, .....»»

China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan Apparently all it takes to replace a global reserve currency is a digital currency alternative just waiting to be released .....»»

The People's Republic of China has become the first major economy to create a digital currency. Real-world trials are already underway. Chinese digital.....»»

China's Digital Currency Has Nothing To Do With Bitcoin .....»»

China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»

COVID-19 has underscored the less systematic areas of the current payment system and accelerated the need for digitalization, he said. Jerome Powell. Getty Images / Tasos Katopodis Fed Chairman Jerome Powell said potential centr.....»»

A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash......»»

Cash may be king in India, but with smartphone usage heading toward 1 billion, online payments are catching up. Digital transactions doubled in the last two years, faster than any major country outside China, and are forecast to reach $2 trilli.....»»

U.S. needs upgrade on four digital fronts: payments; currency; identity, and data, write Daniel Gorfine and Kabir Kumar......»»

Three United States-based fast food and beverage chains are participating in a new pilot of China's centralized cryptocurrency, CNBC reported Friday. read more.....»»

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency......»»