The People’s Bank of China postponed the development of a digital currency (DCEP) as a result of the coronavirus. The news was confirmed by the CEO of BankLedger, a company that claims to be involved in the development of DCEP.
The US Federal Reserve Chairman named Libra cryptocurrency as a reason to think about central banks issued digital currency (CBDC)
In a hearing in front of the US House Committee on Financial Services, the US Federal Reserve Chairman Jerome Powel said that Facebook’s lead cryptocurrency Libra was a reason for the central banks to start testing the possibility of the central bank issued digital currencies (CBDC).
The US Financial Crimes Enforcement Network warns the social media platform to issue tokens in accordance with the existing anti-money laundry procedures
In a speech delivered on the Anti-Money Laundering (AML) and Financial Crimes Conference, in New York, Jamal El-Hindi, deputy director of the Financial Crimes Enforcement Network (FinCEN) stated the importance of enforcement of the
In his speech at the conference by the French Prudential Supervision and Resolution Authority (ACPR), Governor of the central bank of France stated that France is looking at the possibility to create digital currency issued by the central bank.