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Thailand’s Central Bank Plans To Start Piloting Its CBDC In 2022
Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CBDC will be retail; meaning it will be for use by the general public. дальше »
2021-4-3 21:54 | |
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Visa Now Settling Transactions with USD Coin on Ethereum
According to the announcement, Visa spent the last year enabling the capacity for digital currency settlement within its existing infrastructure. Anchorage, the United States’ first federally chartered digital asset bank, will facilitate the pilot program launched with Crypto. дальше »
2021-3-29 14:41 | |
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Korea’s Shinhan Bank Completes Digital Won CBDC Pilot
Shinhan Bank of South Korea has announced the completion of its central bank digital currency (CBDC) pilot. The project was carried out in conjunction with LG CNS and the team claims the pilot is in a bid to get the bank ready for the eventual launch of the nation’s digital won by the Bank ofRead More дальше »
2021-3-11 02:00 | |
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South Korean Shinhan Bank pilots digital currency platform with LG CNS
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS.
дальше »2021-3-10 14:57 | |
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Atlantic-Pacific Processing Systems and Global Oculus to Pilot Digital Currency Payment Acceptance
Atlantic-Pacific Processing Systems NV, Corp., a leading fintech white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and digital currency solution... дальше »
2021-2-25 06:24 | |
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Ant-Backed MYbank Reportedly Involved in China’s Digital Yuan Trial
As part of China’s plans to expand its digital currency testing, online banking platform MYbank, backed by Alibaba’s affiliate fintech giant Ant Group, has reportedly joined the digital yuan pilot program. дальше »
2021-2-23 22:01 | |
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World’s Oldest Central Bank to Extend Digital Currency Project till 2022
Swedish bank Riksbank is set to extend the pilot project for a central bank digital currency by a year. According to the bank, this enables more comprehensive consultation from professional services firms and ensures proper deployment of the digital currency. дальше »
2021-2-18 02:00 | |
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Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico
The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies. дальше »
2021-2-14 10:00 | |
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Bank of Korea Plans to Test the Adoption of CBDCs
Korea’s apex bank has announced the pilot phase for its CBDC. According to a spokesperson, the BOK will begin conducting tests within a controlled environment. The spokesperson stated that this would ensure the new digital currency’s workability and safety. дальше »
2021-2-10 17:49 | |
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Chinese city to issue $3 million in digital Yuan in pilot giveaway
For the third time, China's southeastern city of Shenzhen will issue the nation’s digital currency as part of an ongoing pilot program to test China’s central bank project among its citizens. The post Chinese city to issue $3 million in digital Yuan in pilot giveaway appeared first on AMBCrypto. дальше »
2021-1-22 22:00 | |
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China’s Central Bank Successfully Completes Its Largest CBDC Pilot Program In Shenzhen
The People’s Bank of China (PBoC) completed its largest digital currency electronic payment (DC/EP) test in Shenzhen. Over $3 million of the central bank’s digital currency was given away to over 100,000 residents in Shenzhen via a red envelope lottery, a WeChat post confirmed. дальше »
2021-1-20 22:00 | |
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Bank of France settles $2.4M fund in central bank digital currency pilot
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. дальше »
2021-1-19 14:37 | |
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Turkish Central Bank Governor Hopeful of CBDC Pilot in 2021
Turkey and Russia continue to inch closer to CBDC ambitions. Turkey Set to Pilot CBDC in 2021 Second Half According to a Coindesk report published on Dec 26, Turkey is poised to begin piloting a previously undisclosed digital currency in the second half of 2021. дальше »
2020-12-29 18:00 | |
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Sweden Launches Feasibility Study of e-Kronor
Sweden already has a pilot scheme for its digital currency. However, whether it ever goes live and its specific implementation are still open questions. Sweden moves slowly toward its own digital currency Sweden first announced its e-kronor ambitions in March 2017. дальше »
2020-12-12 15:49 | |
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China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
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China Enables Digital Yuan P2P Transfers in New Pilot Launch
China is now allowing citizens to transfer the digital yuan to each other by simply tapping phones. The new trial is a bid to make using the currency as simple as possible. Nikkei Asia has reported that China will further streamline the use of its digital yuan by supporting its use in everyday transfers. дальше »
2020-12-7 11:29 | |
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Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments. дальше »
2020-12-7 00:59 | |
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Japan Joins the CBDC Race With A ‘Digital Yen’ Trial; 30 Major Firms Will Start Experiments In 2021
While China has already successfully run the pilot test of its digital yuan, now Japan is getting ready to do the same. In its attempt to catch up, Japan’s 30 major firms will begin experiments of issuing a private digital currency next year, said the group's organizing body on Thursday, reported Reuters. дальше »
2020-11-19 21:19 | |
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China’s Central Bank Has Transacted $300 Million In Digital Yuan So Far
The People’s Bank of China (PBoC) has processed over 4 million separate transactions — worth more than 2 billion yuan ($299. 07 million) as part of the pilot tests for its central bank digital currency (CBDC). дальше »
2020-11-3 01:08 | |
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China’s Digital Yuan Reaches $300 Million Spent
The People’s Bank of China’s CBDC pilot program has seen $300 million worth of Digital yuan spent, as of Nov 2, 2020. This occurred over four million separate transactions. China’s Digital Future While the race for a large economy to launch a digital currency continues unabated, China is making some headway. дальше »
2020-11-3 22:20 | |
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Toyota IT subsidiary to experiment with its own private digital currency
Toyota Systems, a wholly-owned IT subsidiary of Toyota Motor Corporation announced today that it is experimenting with a digital currency solution as part of a new pilot project with DeCurret, a JapanThe post Toyota IT subsidiary to experiment with its own private digital currency appeared first on AMBCrypto. дальше »
2020-10-26 21:00 | |
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$1.3M in Chinese Digital Yuan Were Spent In The Largest DCEP Test Run in Shenzhen Province
China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post . дальше »
2020-10-22 21:56 | |
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Bank of Korea to begin testing CBDC
South Korea’s central bank, Bank of Korea (BOK) which had earlier established a central bank digital currency (CBDC) pilot program, has now announced that it planned to speed up the process by startThe post Bank of Korea to begin testing CBDC appeared first on AMBCrypto. дальше »
2020-10-8 19:22 | |
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South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021
Coinspeaker South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021As the central bank of South Korea seeks to complete the pilot tests of its national digital currency, it has not announced any information regarding partnerships with major commercial business enterprises yet. дальше »
2020-10-8 18:02 | |
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China’s Digital Currency Pilot Project (DC/EP) Hits Over $160M (1.1B Yuan) In Transaction Volume
First reported by the South China Morning Post, the People’s Bank of China deputy governor, Fan Yi Fei, speaking at a SWIFT-organized virtual conference, Sibos 2020, stated massive progress in the digital currency and electronic payments (DC/EP) pilot projects. дальше »
2020-10-7 22:35 | |
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People’s Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments
China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more. дальше »
2020-9-24 05:17 | |
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Chinese Central Bank Calls Digital Currency Competition a ‘New Battlefield’
If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country. дальше »
2020-9-21 17:37 | |
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French Multinational Bank to Launch a Digital Euro Pilot Using Tezos Blockchain
Blockchain firm Tezos has been selected to spearhead the French central bank’s digital currency pilot program, one of a kind in Europe. Societe Generale – Forge, a tech startup founded by French investment bank giant Societe Generale, has opted for Tezos to spearhead the central bank digital currency (CBDC) pilot program. дальше »
2020-9-16 23:03 | |
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South Korean Central Bank Enters Phase 2 of CBDC Development; Seeks Consulting Partner
The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration with a private consultancy. This move will set ground for the second phase of South Korea’s CBDC with a speculated pilot launch in 2021. дальше »
2020-9-1 17:30 | |
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South Korea Steady in Their CBDC Plans, Searching for a Local Consulting Partner
The central bank of South Korea, the Bank of Korea, is moving towards the technical phase in their concerted effort to pilot a central bank digital currency (CBDC)–the digital won, and will pick a consulting partner a month after completing the review of the first phase reports The Korea Times on Aug 31. дальше »
2020-9-1 13:00 | |
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Bank of Korea Set to Select CBDC Pilot Program Consulting Partner
South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto. дальше »
2020-9-1 10:00 | |
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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. дальше »
2020-8-17 19:30 | |
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China to Scale Digital Yuan Pilot to 28 Cities as it Solidifies Its Tokenomics Dominance
China’s digital yuan ‘DC/EP’ might soon be replacing the fiat renminbi in circulation following an announcement by the country’s ministry of commerce to scale the pilot in more cities. This PBoC backed digital currency has been in progress since 2014 but was only piloted recently, marking a significant milestone towards the adoption of CBDC’s. The […] дальше »
2020-8-17 17:06 | |
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China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] дальше »
2020-8-15 01:23 | |
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China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership. дальше »
2020-7-9 16:20 | |
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Italian Banking Association Wants A Digital Euro; Ready to Participate in Pilot Program
Italian Banks are ready to participate in the launch of a digital Euro according to an announcement last week by the country's banking association (ABI). This body made up of over 700 banks said in a statement that it would be willing to speed up the roll-out of an ECB backed digital currency. Talks in […] дальше »
2020-6-22 18:52 | |
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Italian Banking Association (ABI) Announces Its Desire to Pilot Digital Euro
Coinspeaker Italian Banking Association (ABI) Announces Its Desire to Pilot Digital EuroThe Italian Banking Association (ABI) voiced its desire to develop a European Central Bank-backed digital currency for Italy. дальше »
2020-6-22 15:37 | |
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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
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Thailand: Central Bank Partners with SCG for CBDC Pilot Test
Thailand’s central bank in partnership with SCG — one of the country’s largest conglomerates — is set to run a pilot test for a central bank digital currency (CBDC). Thailand Moving Forward with Digital Currency Plans According to the Bangkok Post, SCG has signed a memorandum of understanding (MoU) with the Bank of Thailand (BOT),Read MoreRead More. дальше »
2020-6-20 17:07 | |
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Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation
Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and “lean into digital currencies” as the nation is falling behind China in terms of crypto innovation. Notably, China has continued with the development of its central bank digital currency, to the extent of conducting real-world pilot tests on […] дальше »
2020-5-28 10:26 | |
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Mauritius Is Having a Crypto Moment, Set to Launch State-Owned Digital Currency
Digital currencies are being adopted at an increasing rate by several countries. While superpowers, save China, are slow to progress with the digitalization wave, some smaller nations are moving ahead with pilot projects. дальше »
2020-5-13 17:00 | |
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Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency
Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality. дальше »
2020-4-24 17:55 | |
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