2020-7-21 23:30 |
China’s central bank adds a new city to its fintech innovation supervision pilot.
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The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot.
2021-1-11 15:00 | |
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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.
2020-7-9 16:20 | |
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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.
2020-6-22 14:07 | |
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The concept of CBDC has been there for many years, but the so-called 'CBDC race' started only after China began testing its digital Yuan on a pilot basis. Interestingly, the Digital Dollar Project relThe post CBDC development 'not a race': Chris Giancarlo appeared first on AMBCrypto.
2020-6-1 13:00 | |
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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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China's DCEP has been released on a pilot basis in around four cities as of now, and by the looks of it, the project seems to be doing quite well. In a recent podcast, Lennix Lai, Director of FinanciaThe post Bitcoin, altcoins' future might depend on how CBDCs rally once launched appeared first on AMBCrypto.
2020-5-24 23:30 | |
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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.
2020-5-13 17:00 | |
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China is on the brink of launching its digital yuan for commercial use as the government has already started the pilot run a couple of weeks ago. During the pilot run of the digital yuan or the DC/EP system, the government employees of 4 major cities were given digital yuan in the form of travel […]
2020-5-7 19:28 | |
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The new Fintech Innovation Regulations implemented last year by the Bank of China (BoC) in a Beijing Pilot program will be extended to six more districts, with hopes of benefiting the real economy amidst global Covid-19 concerns.
2020-4-30 20:43 | |
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Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
2020-4-28 00:00 | |
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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.
2020-4-24 17:55 | |
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The electric car manufacturer participated in the trial back in December.
2020-4-8 17:17 | |
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The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen before the end of the year.
2020-2-26 23:00 | |
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China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government official. Besides, China might reform the foreign exchange regulation to deal with cryptocurrency.
2019-12-24 14:30 | |
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The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […]
2019-12-14 19:12 | |
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It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona.
2019-12-14 10:51 | |
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The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.
2019-12-9 13:00 | |
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Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
2019-12-9 12:43 | |
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Blockchain could receive support in China from Hainan Province. This region released the first blockchain pilot zone in the free trade zone of the province. This would bring talents, improve technological adoption and it would eventually help investment grow, among other things.
2019-12-6 01:15 | |
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China’s Hainan Free Trade Zone has pledged $140 million to developing blockchain in the pilot jurisdiction
2019-12-5 13:16 | |
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The People’s Bank of China (PBOC) revealed that a new regulatory pilot program will be rolled out in three provinces seeking to limit the size of unregistered cash transactions allowed in the nation.
2019-11-17 00:22 | |
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The central bank of China will pilot a restriction on large-scale cash transactions, possibly paving the way for its upcoming digital Renminbi
2019-11-15 05:10 | |
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China’s State Administration of Foreign Exchange (SAFE) has recently taken a move to help leverage blockchain technology so that better cross-border financial services are offered, reports local news outlet Global Times.
2019-11-12 01:27 | |
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The Chinese Communist Party has included a mandate for digital currency research in a new set of guidelines on the scope of the Shenzhen Special Economic Zone. According to AMBCrypto the Shenzhen Special Economic Zone will carry out pilot reforms of market access and regulatory system mechanisms, start a more flexible and prudent as well […]
2019-8-19 04:46 | |
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NTT Communications Thailand, the Thai subsidiary of Japan-based NTT Group is set to establish an “innovation lab” to pilot and develop Internet of Things (IoT), artificial intelligence (AI), and blockchain-based solutions to foster the country’s digitization reports Bangkok Post, April 23, 2019.
2019-4-25 17:00 | |
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China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces, as well as the cities of Shanghai and Chongqing
2019-4-25 18:16 | |
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Ford has become the latest company to jump on the blockchain pilot bandwagon. The American car manufacturing giant is conducting a blockchain trial in a bid to trace cobalt, found in the lithium-ion batteries used by electric cars, from a Chinese-owned mine in the Congo.
2019-1-16 18:15 | |
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China has launched its first official blockchain pilot zone in Hainan Province. Effectively a Silicon Valley for the blockchain industry, the pilot zone at the Hainan Resort Software Community (RSC) includes a separate blockchain research facility, which will work with Oxford University’s Oxford Blockchain Research Center to produce blockchain applications.
2018-10-10 22:51 | |
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China is eager to explore digital ledger technology—as long as you don’t say “Crypto. ” The People’s Bank of China has officially launched testing of a finance blockchain project for three currency areas, The Asia Times reported earlier today.
2018-9-5 18:56 | |
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The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
2018-8-10 20:02 | |
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When the world's second-largest economy sneezes, global markets pay attention. China, facing a deflating property bubble, is on the brink of implementing a massive monetary stimulus that will boost risk assets
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
Hong Kong plans to implement European-style reporting rules for OTC crypto derivatives, including the use of DTIs, by 2025.
China’s benchmark government bond yield fell to a nearly 22-year low with experts attributing the development to a shift in investor behaviour towards fixed-income products amid a fragile economic recovery.
The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender, recently published a report highlighting the potential of Bitcoin (BTC) and Ethereum (ETH). The report notably refers to Ethereum as “digital oil,” emphasizing its crucial role in the evolving digital economy.
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.