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China’s Central Bank Says Digital Currency Plans Are Progressing

Reports coming out of China say the country’s central bank is making progress with its plans to create a sovereign digital currency. However, the People’s Bank of China (PBOC) is yet to release any official timetable for the roll-out of the proposed digital yuan. Meanwhile, commentators continue to..

ECB Policymaker Urges European Banks to Fight Libra & Private Cryptos

Jens Weidmann, president of Deutsche Bundesbank (Germany’s central bank) and policymaker for the European Central Bank (ECB) says banks in the region need to be wary of Libra and private crypto projects. Weidmann is the latest financial stakeholder in the European Union (EU) to call for banks to tak..

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