China has big plans for its central bank digital currency (CBDC), the digital yuan. Pilot programs have already been introduced to test its ability, but big changes could soon be coming. A report by Reuters indicates that those changes may include Macau’s casinos. Macau to be Chinese CDBC Guinea Pig As Macau prepares to introduce […]
China continues to spearhead efforts to implement a central bank digital currency (CBDC) after its digital yuan experiment expanded with a conversion feature across ATMs in Beijing, news agency Xinhua reported. ATMs Allow Exchange between Digital and Physical Money According to the media report, two major Chinese banks, The Industrial and Commercial Bank of China […]
Digital currencies issued by central banks in European Union Member States may act as a counterweight to potentially dangerous “artificial currencies.” Digital Currencies Are Coming to the EU A report published by the European Central Bank (ECB) on Wednesday issued a warning to European Union Member States that falling behind on developing a digital currency may have […]
