(Reuters) - China's Tencent Music Entertainment Group posted a 14.3% rise in quarterly revenue on Monday, as the music streaming platform benefited from...

Let’s talk about Zoom. Look, we’ve all been talking a lot about Zoom since COVID. We are in Zoom all day long. We...

A high-level official of the People’s Bank of China (PBoC) has revealed that a completely private digital currency is not an option for the bank based on international recommendations.  Digital Yuan will feature Controllable Anonymity  Mu Changchun, the head of the PBoC Digitial Currency Research Institute, revealed this in a forum on Saturday. According toRead More

The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.

Daniel Mills1,2, Seyon Sivarajah2, Travis L. Scholten3, and Ross Duncan2,41University of Edinburgh, 10 Crichton Street, Edinburgh EH8 9AB, UK2Cambridge Quantum Computing Ltd, 9a...

Wall Street firms are not thrilled about the US’ rumored upcoming CBDC, a Bloomberg report has revealed. Financial institutions and fintech firms are concerned regarding the implications a central bank-issued token could have on their bottom line. For instance, Mastercard and Visa currently act as intermediaries between merchants and consumers. With a CBDC system, the … Continued

The post U.S. CBDC Program Draws Flak From Wall Street appeared first on BeInCrypto.

An official from the Chinese central bank, People’s Bank of China (PBoC), has said a “completely anonymous central bank digital currency (CBDC) is not an option” based on international consensus. Mu Changchun, the head of the PBoCs Digital Currency Research Institute, said in a forum on Saturday that the so-called “controllable anonymity” is at the […]

An official of the People's Bank of China has said an international consensus is that a CBDC can never be fully anonymous.

The post PBoC official says ‘completely anonymous CBDC is not an option’ appeared first on The Block.

The Bank of Japan (BOJ) is set to begin experimenting with its central bank digital currency (CBDC) later this year. In the past, the central bank had said that it doesn’t intend to issue a digital yen, claiming that Japan’s digital payments are sufficient currently. Speaking at a recent news conference in Tokyo, BOJ Governor […]

Beijing's central bank has reportedly further engaged an ongoing initiative based in Hong Kong.

United States Federal Reserve Chairman, Jerome Powell says Central bank digital currencies (CBDCs) will need to coexist with cash instead of replacing them. Powell made [...]