Page 2 - Project Cedar News Today

From Australia’s pilot projects to Jamaica’s JAM-DEX, the UK’s budding Britcoin and China’s ever-expanding e-CNY, there is significant movement in…

Digital currencies backed by government banks still face a mountain of challenges before they'll be ready for prime time.

Digital currencies backed by government banks still face a mountain of challenges before they'll be ready for prime time, but 114 countries are involved in various projects, either in the planning stage or all-out pilots.

Progress and trials continue, but adoption is slow, purpose unclear.

“Project Cedar” could have massive implications for all American citizens.

As the federal government advances its plans to create a central bank digital currency (CBDC), critics are sounding ...

China's digital yuan has been piloted in 15 provinces and tested across a multi-national financial network. Meanwhile, the US is still developing a digital currency, endangering the dollar's place as the world's reserve currency and opening the door for China to set digital cash privacy standards.

Leading the charge are the world's two most populous nations, China and India, which between them account for roughly three out of every eight people on planet Earth. 

The New York Federal Reserve’s latest project shows the United States making its presence felt in the digital-currency race.

Boosting interoperability and speed while cutting risk, wholesale CBDCs would be a boon for cross-border settlements but are still very much in the experimental phase, making cooperation between central banks vital for success.