CBDC

This part mainly talks about CBDC.

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Jerome Powell: A 'High-Level Focus' Is Waiting for Stablecoin

Powell reasserted today during a webinar that the central bank is looking closer to stablecoins and their effects.
Jerome Powell: A 'High-Level Focus' Is Waiting for Stablecoin
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Chinese State-Owned Bank Launches ATMs for Digital Yuan

The Agricultural Bank of China has launched an ATM pilot program that allows citizens to convert cash and savings to and from digital yuan.
Chinese State-Owned Bank Launches ATMs for Digital Yuan
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Italian Banking Association is Conducting Digital Euro Tests

As the European Central Bank is not yet making a clear decision on the central bank digital currency, the Italian Banking Association (ABI) is conducting digital euro tests.
Italian Banking Association is Conducting Digital Euro Tests
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Ukraine Government Selects Stellar Development Foundation to Develop CBDC

According to an announcement from Ukraine's government, the Stellar blockchain network has been selected to be a platform to build a central bank digital currency (CBDC).
Ukraine Government Selects Stellar Development Foundation to Develop CBDC
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Another Lottery in Shenzhen Following Suzhou Program!

China keeps conducting programs to pilot and encourage widespread adoption of China's central bank digital currency (DC/EP or the digital yuan).
Another Lottery in Shenzhen Following Suzhou Program!
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A Look at CBDC Progress Worldwide in 2020

Looking back at 2020, central banks of various countries are racing to develop and test digital currencies. The COVID-19 pandemic has accelerated the trend of cashless payments, and nations are in an effort to develop central bank digital currencies (CBDCs). Many countries have adopted a positive attitude towards its development.
A Look at CBDC Progress Worldwide in 2020
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Turkey Claims to Pilot its CBDC Tests in 2021 amid Inflation Woes

According to an announcement, Naci Agbal - members of Turkey's Parliament central bank governor - disclosed that "conceptual" research had been completed on a Turkish central bank digital currency (CBDC), and that practical tests for its currency would start in the latter half of 2021.
Turkey Claims to Pilot its CBDC Tests in 2021 amid Inflation Woes
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ICoinTime|The Process of Adopting Digital Currency Is Accelerated by the Pandemic, ECB President Claims

Christine Lagarde - the President of the European Central Bank (ECB) - noted that the COVID-19 pandemic has allowed consumers to adopt digital payments in growing numbers and the trend is not slowing down but accelerating.
ICoinTime|The Process of Adopting Digital Currency Is Accelerated by the Pandemic, ECB President Claims
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ICoinTime|JD.com Will Work Together with PBoC on Digital Currency Projects

According to the report, JD.com, China's e-commerce giant, will help develop mobile applications to support the incoming digital RMB.
ICoinTime|JD.com Will Work Together with PBoC on Digital Currency Projects
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ICoinTime|Digital Yuan: It's Hard to Displace Tether in Asia for Now

China's CBDC hopes to take place of U.S. dollar, but Genesis Block's Charles Yang notes that it doesn't offer a compelling alternative to USDT.
ICoinTime|Digital Yuan: It's Hard to Displace Tether in Asia for Now
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