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Tag Archives: central bank digital currencies CBDC

Fingerprint ID Coming to New DC/EP Card

May 7, 2021

Olusegun Ogundeji

Fingerprint authentication technologies are coming to a new card-based digital wallet solution for the Digital Currency/Electronic Payment (DC/EP) according to an expanded collaboration between China's Chutian Dragon and IDEX Biometrics announced on Wednesday May 5. Chutian ...

China Behind Bahamas, Cambodia on CBDC Maturity – PwC Index

Apr 30, 2021

Olusegun Ogundeji

The first edition of the PwC Global Central Bank Digital Currency (CBDC) Index has shown that The Bahamas and Cambodia are the two countries leading China in terms of their central banks’ level of maturity in deploying their own digital currency. Designed to monitor the ongoing...

China’s CBDC Push Now Seems to Worry US

Apr 15, 2021

Olusegun Ogundeji

There are indications that China’s being poised to be the number one major economy to issue a central bank digital currency is now a concern for the US government going by a Bloomberg report which says US officials are eager to know how the digital yuan would be distributed. Citing anony...

PBoC Draws Hong Kong Residents Into e-CNY Test

Apr 2, 2021

Olusegun Ogundeji

As China recently proposed global rules for how central bank digital currencies (CBDCs) should operate, the country has taken its digital yuan pilot programme for retail transactions to a cross border level by inviting Hong Kong residents to join in its latest testing in Shenzhen. The ...