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Tomorrow, First. News and intelligence for the agentic economy

Lens

CBDC – Central Bank Digital Currencies

  • Altcoins

    Digital yuan pilot attracts Chinese province bordering Russia

    Heilongjiang province in northeastern China has joined the bid to compete with 10 other cities to become the next digital yuan pilot city, it announced on Monday.  See related article: E-CNY chief says digital dollar poses no threat to China Fast facts See related article: Hong Kong makes apt testbed for e-CNY cross-border use

    Ningwei Qin

  • Regulation

    Crypto is ‘not even a tulip,’ India’s central bank chief says

    Reserve Bank of India Governor Shaktikanta Das said in a press conference that cryptocurrencies have no underlying value and that they are “not even a tulip,” warning investors of its risks.  Fast facts Das’s comments come just over a week after India’s central government announced a 30% taxation plan on income from crypto assets as well […]

    Pradipta Mukherjee

  • Regulation

    EU to introduce bill next year to plan a digital euro

    The European Commission announced Wednesday it will propose a bill in early 2023 to introduce a digital euro, according to a report by Politico. Fast facts The European Central Bank (ECB) is already experimenting with the digital euro and is expected to begin working on a prototype by the end of next year. A digital […]

    Lachlan Keller

  • Bitcoin News

    E-CNY chief says digital dollar poses no threat to China

    China does not expect significant impact on its monetary system if the digital dollar were introduced, said Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative on Wednesday. He spoke at a panel organized by the Atlantic Council think tank to support the release of the International Monetary Fund’s report on central […]

    Jeanhee Kim