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South Korea’s Central Bank Completes Phase One of CBDC Pilot
The Bank of Korea (BOK) has announced the successful completion of the first phase of its two-phase central bank digital currency (CBDC) pilot. The BOK has hinted that the second phase of the digital won trial is ongoing and is expected to end in June this year, according to a Yonhap report on January 24,Read More дальше »
2022-1-25 22:00 | |
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Bank of Korea completes first phase of digital currency pilot
The second phase of the CBDC mock testing is expected to complete by June this year
дальше »2022-1-24 11:51 | |
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Iran Reportedly Gearing up for CBDC Pilot in the Nearest Future
Iran’s central bank is reportedly looking to begin the pilot phase of its proposed central bank digital currency (CBDC) project. Iran’s CBDC Pilot to Happen Soon According to the Iranian Labour News Agency, Mehran Moharamian, the vice governor for IT affairs at the Central Bank of Iran, believes that CBDCs could be the solution toRead More дальше »
2022-1-20 00:00 | |
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Jamaica Completes CBDC Pilot And Anticipates A Full Launch In The Coming Months
Jamaica has completed the pilot phase of its CBDC testing. The nationwide rollout is to begin in the first quarter. The race for CBDCs continues. The Bank of Jamaica has disclosed that it has concluded its pilot stage for its CBDCs. дальше »
2022-1-5 20:31 | |
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Report: Nigeria to Start Piloting Digital Currency in October
The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed project Giant, this digital currency project, or the “e-naira,” is expected to use the Hyperledger Fabric blockchain. дальше »
2021-7-24 02:30 | |
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Digital Euro Project Gets Going as ECB Launches Investigation Phase
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. дальше »
2021-7-15 12:00 | |
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European Central Bank Kicks Off New Phase Of Digital Euro Project
The European Central Bank (ECB) is moving forward with its central bank digital currency (CBDC) plans. Today, the bank announced that its Governing Council had approved the investigation phase of the digital euro project. дальше »
2021-7-15 19:14 | |
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First CBDC Coming To Africa As Ghana Plans to Launch Pilot in September
The Bank of Ghana (BoG) will launch its central bank digital currency project’s pilot in September, according to the Bank’s First deputy governor, Maxwell Opuku-Afari. Modern Ghana, a local news outlet, reported that the deputy governor said the project is currently in its last phase of development, and implementation is expected to start in two […] дальше »
2021-7-13 18:02 | |
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JPMorgan Predicts When Bitcoin Bear Market Will Be Over
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s analyst explained. дальше »
2021-7-4 03:30 | |
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China Begins $6 Million Digital Yuan Airdrop Trial
China has been developing its central bank digital currency (CBDC), the Digital Yuan, for over seven years. The project has come to a critical test phase and it’s ready to be used by the citizens. дальше »
2021-6-3 18:10 | |
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Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-krona Pilot
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners. дальше »
2021-5-30 12:30 | |
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JPMorgan Launches Blockchain-Based Validation Solution for Financial Institutions
Banking giant JPMorgan has revealed the launch of a blockchain solution that will reduce the number of failed transfers within its payment system. This development was announced on Monday, with the bank confirming that the solution named ‘’Confirm’’ is in its testing phase. дальше »
2021-4-13 10:00 | |
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Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot
The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year […] дальше »
2021-4-9 14:00 | |
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Sweden’s Riksbank completes the first phase of its digital currency trial
Riksbank, Sweden’s central bank, has finished the initial part of its digital currency experiment. The authority unveiled this news through a report, noting that it ran into some serious issues that it must address before Swedes can use the e-krona for daily purchases. дальше »
2021-4-8 23:06 | |
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Swedish Central Bank Finishes Phase One Of the e-Krona Digital Currency Test Pilot
Today, the Swedes learned that they might have to wait a little longer to use an e-krona for their daily uses after the Swedish central bank realized that there are minor issues that need addressing after the first phase of a central bank digital currency (CBDC) project. дальше »
2021-4-8 21:05 | |
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Sweden’s central bank concludes first phase of digital currency test
Sweden was one of the first nations worldwide to test the CBDC waters. In 2019, it announced a pilot platform for its e-krona, with the country coming a long way since. In fact, Sweden has now publishThe post Sweden’s central bank concludes first phase of digital currency test appeared first on AMBCrypto. дальше »
2021-4-7 18:00 | |
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Bank Of Japan Commences The First Phase Of Its Digital Yen Experiments
Japan is the latest country making efforts towards issuing its own central bank digital currency (CBDC). The country, however, is taking a measured approach towards the digital currency project. Bank of Japan — the nation’s central bank — on Monday announced that it is starting the first phase of experiments for its sovereign digital currency. […] дальше »
2021-4-6 20:31 | |
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Bank of Japan (BoJ) Officially Commences Phase 1 of CBDC Experiments
Per the official document published on Monday, The Bank of Japan (BOJ) said they have been undertaking preparations to begin experiments on digital yen in the early fiscal year 2021. The banks will be testing the technical feasibility of the core functions and features required for the CBDC. дальше »
2021-4-6 18:04 | |
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Bank of Japan Commences the First Phase of Virtual Currency Assessments
Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022. дальше »
2021-4-6 17:00 | |
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German Bank Donner & Reuschel Set To Offer Crypto Services
German bank Donner & Reuschel is set to offer cryptocurrency buying and custodial services to its clients. This signifies a different phase for the bank as it looks to expand its services to the growing crypto industry. дальше »
2021-3-9 20:00 | |
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China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments
The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock. дальше »
2021-2-25 15:06 | |
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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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Italian Banking Association started testing digital euro
As the Central Bank Digital Currency (CBDC) craze continues to conquer the world, the Italian Banking Association (ABI) decided to start a phase of experiments in order to determine the potential benefits of the digital euro. дальше »
2020-12-23 16:49 | |
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Ripple Board Hires Former Regulatory Expert For JPMorgan To Provide Counsel For The Company’s Next Phase
Ripple’s board of directors has onboarded a powerhouse employee from the legacy financial sector. Sandie O’Connor, the former chief regulatory affairs officer at U. S. multinational investment bank JPMorgan Chase & Co. дальше »
2020-12-17 18:09 | |
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Swedish Government Launches Exploration Into Digital Krona
The Swedish government was one of the first in Europe to explore a possible Central Bank Digital Currency (CBDC). It has now moved into an exploratory phase, with a panel studying the potential benefits and consequences of digitizing its currency. дальше »
2020-12-12 17:49 | |
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NYU Professor Predicts CBDCs Are Imminent, Bitcoin Still Unviable
Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, most central banks are still in the ideation phase, or are looking more into how a CBDC would affect their economy and […] дальше »
2020-11-10 06:00 | |
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China: CBDC Tests Crosses $300M Payment Milestone from 4M Transactions
China’s expanded central bank digital currency (CBDC) development has reached a new milestone of 2 billion yuan in total payments processed despite still being in the testing phase. With a few countries having released their own sovereign digital currencies, stakeholders are calling for more international collaboration on CBDCs. дальше »
2020-11-3 18:00 | |
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Here’s why Bitcoin will boom in the “biggest overhaul” of finance
The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies. дальше »
2020-10-20 05:00 | |
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South Korea’s Central Bank to Test Digital Won Distribution In 2021; CBDC’s Are Gaining Momentum
The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021. дальше »
2020-10-8 19:33 | |
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Bank of Korea to Test CBDC Distribution in 2021
With phase one of its central bank digital currency (CBDC) experiment complete, the Bank of Korea (BOK) is looking forward to testing the token distribution system in 2021. Despite the ongoing CBDC trials, South Korea’s central bank says it is not looking to launch a sovereign digital currency. дальше »
2020-10-7 14:34 | |
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South Korea's digital won to begin distribution phase next year
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch.
дальше »2020-10-8 14:19 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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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 Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020
Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […] дальше »
2020-7-17 17:21 | |
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Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. дальше »
2020-7-17 12:40 | |
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MAS, Temasek & J.P. Morgan Complete Blockchain-Based Prototype
Singapore’s central bank has successfully completed the fifth phase of a blockchain payments project, soon to be ready for live adoption. The Monetary Authority of Singapore (MAS) announced today that it has developed a blockchain-based payments prototype for faster and efficient cross-border payments. дальше »
2020-7-14 21:13 | |
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Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End
The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020 and expand its use cases beyond the financial sector. дальше »
2020-5-29 19:00 | |
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Lithuania’s Central Bank Completes Blockchain Regulatory Research
The Bank of Lithuania finished its research phase on the LBChain’s blockchain project that aims to provide a regulatory infrastructure. дальше »
2020-5-28 00:45 | |
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PBC Governor says China has no launch timetable for the Digital Yuan
The People’s Bank of China has reiterated that the Digital Yuan is still at the testing phase and there is no set timetable for the official launch The Governor of the People’s Bank of China (PBC) Yi Gang has reportedly told a panel at a meeting that the country’s move towards launching a central bank-issued […] The post PBC Governor says China has no launch timetable for the Digital Yuan appeared first on Coinjournal. дальше »
2020-5-27 20:07 | |
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Libra 2.0 may end up being a massive threat to central banks' CBDC hopes
There has been rapid progress on the CBDC end lately. China has reached the final phase and many other countries are walking the same path. The latest news is the central bank think tank OMFIF launchiThe post Libra 2. дальше »
2020-5-8 11:00 | |
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Ripple Partners with DeeMoney to Power Faster and Cheaper Cross-Border Money Transfers
Coinspeaker Ripple Partners with DeeMoney to Power Faster and Cheaper Cross-Border Money TransfersRipple's partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank. дальше »
2020-3-20 18:45 | |
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