Chinas Blockchain-Based Renminbi as the First National Cryptocurrency
Last week, China surprised the rest of the world with the issuance of a digital Renminbi. By doing so, the Chinese government became the first mover on the road to a digital central bank currency (CBDC) in form of blockchain-based units of national currency. Even though the project right now is limited to parts of […]
Blockchain-Based Central Bank Money – Which Effects Would that have?
Since last autumn and the announced massive resistance of international politics against Facebook´s Libra coin it has been relatively quite regarding the idea of stable coins that are issued by private companies. Nevertheless, the advance of the social media giant has been a true wake-up call for legislators and central banks of the major economies […]