2021-4-24 15:58 |
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests.
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The Bank of Japan (BOJ), Japan’s central bank, has started running tests on a central bank-issued digital currency (CBDC). The authority unveiled this news through an official announcement on April 5, noting that it had completed the necessary steps to begin experimenting on the technical practicability of the main features and functions of a CBDC.
2021-4-6 21:32 | |
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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.
2021-4-3 21:54 | |
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Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years.
2021-4-3 13:37 | |
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The Postal Savings Bank of China (PSBC), a Chinese commercial bank, has created another hardware wallet for digital yuan payment, as part of China’s efforts to carry out large-scale trials for its proposed central bank digital currency (CBDC) project.
2021-2-19 16:00 | |
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The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency.
2021-1-6 12:04 | |
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Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests.
2021-1-6 20:00 | |
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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).
2020-11-3 01:08 | |
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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.
2020-11-3 18:00 | |
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Central bank digital currency (CBDC) development has seen a lot of progress in 2020, as central banks of most advanced nations rushed to develop their own coins. Many have already started testing, with China still being in the lead.
2020-10-10 11:59 | |
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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.
2020-10-8 18:02 | |
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The credit card giant, Mastercard, recently launched a new testing platform that will help central banks with conducting tests of their CBDCs. The platform is highly customizable, and as such, it will allow precise evaluations of cryptocurrency systems.
2020-9-11 13:32 | |
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China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.
2020-8-25 14:43 | |
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China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou.
2020-8-15 17:34 | |
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On July 20, French central bank, Banque De France, announced it had settled on eight candidates in its efforts to experiment digital currency solutions. As per the press statement, the central bank stated that the experiment trials will cover a wide range of areas, but notably not in the crypto-asset transfer sphere, and will start […]
2020-7-21 19:20 | |
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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 […]
2020-5-28 10:26 | |
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Banque de France and Societe Generale collaborated as the latter issued bonds worth €40 million in security tokens, which was settled using Digital Euros. France’s central bank has revealed that it has successfully tested its blockchain-based digital currency.
2020-5-22 20:26 | |
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Argentina’s central bank in partnership with blockchain development firm IOV Labs is testing out a blockchain-based institutional solution for payment settlement and improved traceability. Argentina’s Central Bank Leverages Blockchain Technology According to Fintechzoom, South-American blockchain heavyweight IOV Labs has developed a proof-of-concept roadmap based on its RSK Smart Contract.
2020-4-22 00:07 | |
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The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […]
2020-1-11 21:18 | |
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People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
2020-1-11 18:02 | |
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Coinspeaker Russian Central Bank Tests New Kinds of StablecoinsThe Russian Central Bank is working with corporate entities in implementing its digital currency - stablecoins backed by real assets.Russian Central Bank Tests New Kinds of Stablecoins
2019-12-28 18:07 | |
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According to recent reports, the Bank of Russia has started using a regulatory sandbox to test the performance of stablecoins. Russia Warming to Stablecoins Russia’s stance towards cryptocurrencies has always been questionable, with the country’s intentions and goals never being fully known to anyone.
2019-12-26 16:45 | |
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People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks.
2019-12-9 12:16 | |
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You have to love it when the mainstream press talks about Bitcoin. Bloomberg broke the news that Venezuela has Bitcoin and ‘doesn’t know what to do with it’. Bitcoin as a Central Bank Reserve They also go on to say that: Venezuela’s central bank is running internal tests to determine whether it can hold cryptocurrencies in its coffers.
2019-9-27 15:00 | |
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As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More.
2019-9-27 15:00 | |
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Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […]
2019-9-27 00:17 | |
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Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto.
2019-9-27 23:00 | |
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Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank.
2019-9-27 23:00 | |
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After an 8-month long review, Bitt Digital Inc. has finally exited the rigorous Regulatory Sandbox of the Central Bank of Barbados and the Financial Services Commission. The process was successfully completed on July 5, 2019, making the company the first to achieve this almost insurmountable feat. Part of the tests offered by the Sandbox to […]
2019-7-16 18:50 | |
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As blockchain technology becomes increasingly popular, there are many financial institutions that have started to experiment, hoping to see if the fintech can benefit them. One of the longest-running tests has been with the Dutch Central Bank, which created its own distributed ledger technology (DLT) prototypes to evaluate for the last three years. Reports from […]
2019-5-2 14:12 | |
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When the Federal Reserve conducts stress tests to measure risk in the U. S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market. ” Indeed, the U.
2019-3-2 02:46 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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It is pretty obvious why central and commercial banks are not fond of decentralized forms of finance. Giving financial control to the people takes it away from them, along with their fat profits and big banker boss bonuses.
2019-1-22 10:24 | |
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Yet another tool is being added to Bitcoin’s growing number of privacy solutions. Thought up at a brainstorming event attended by Bitcoin developers and privacy researchers last summer, Pay to Endpoint (P2EP) is a relatively new trick that utilizes the well-known CoinJoin mixing technique to make blockchain analysis much harder.
2019-1-1 19:31 | |
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Banks all over the world are interested in creating cryptos. Now, the central bank of Egypt has decided to start tests for the creation of an electronic version of the Egyptian pound. The story was originally reported by the local media outlet Amwal Al Ghad on December 16. The sub-governor of the Central Bank of […]
2018-12-17 19:56 | |
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Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat-to-crypto currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto.
2018-9-16 15:28 | |
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The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock.
2018-9-6 16:00 | |
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Ukraine’s Central Election Commission is conducting a test voting on the NEM blockchain.
2018-8-9 19:19 | |
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It has been recently revealed that the Ukraine Central Election Commission has been experimenting blockchain technology integration within the voting process. The details as to how far the experiment has gone was first publicized by Oleksandr Stelmakh, who is an employee at the Election Commission.
2018-8-8 12:26 | |
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In the coming years, the use of Bitcoin and hallucinogen will increase, opening up new potentials for the development of human civilization.
Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement. Over 500,000 users of Alchemy Pay’s virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
If the AI industry is serious about finding the ‘killer app’ for sustained, long-term adoption, it can’t fade the decentralized payments paradigm.
Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider.
The growing involvement of America’s top public companies in blockchain technology has intensified calls for clear regulatory guidelines to retain crypto developers and talent within the US.
Mastercard launched Mastercard Crypto Credential on May 29, enabling users to send and receive crypto using simplified aliases instead of complex blockchain addresses, according to a press release.