2021-6-15 17:03 |
The country is testing the currency in different pilots.
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A host of nations have been testing their own native CBDCs in full swing over the past few months now. However, to date, no country has officially adopted the same. Countries including the likes of ChThe post Bank of Japan's Governor is the latest to say this about Bitcoin appeared first on AMBCrypto.
2021-5-29 00:30 | |
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The head of the Russian Central Bank, Elvira Nabiullina, has confirmed that digital ruble trials will begin in 2022. Earlier, the central bank of the country expressed its intention to start testing a CBDC in April.
2021-5-24 19:30 | |
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China has been leading in terms of the development of its Digital Currency Electronic Payment [DCEP] or commonly known as, Digital Yuan and the country has already been carrying out different levels oThe post China expands testing of digital yuan this month appeared first on AMBCrypto.
2021-4-11 15:45 | |
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The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a report by SZNews on Jan 10.
2021-1-11 21:00 | |
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According to The Block, three large Internet companies from the Celestial Empire will join the digital Renminbi (CBDC) testing being developed by the National Bank of the country. The list of companies includes the DiDi passenger transportation service, which has already taken part in the first wave of testing. In addition to the taxi aggregator, […]
2020-12-12 20:53 | |
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Coinspeaker British Fintech Company Revolut Launches Its Digital Banking App in JapanAfter successfully testing its digital banking application in Japan with 10,000 customers, Revolut has finally launched its services in the country.
2020-9-8 12:18 | |
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Coinspeaker China Plans to Use Its Digital Yuan During 2022 Winter Olympic GamesAs China expands its pilot testing, the country plans to launch its digital yuan for use before the 2022 Winter Olympic Games.
2020-8-26 15:24 | |
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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 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.
2020-8-17 19:30 | |
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Coinspeaker China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others AreasChina is set to expand its digital yuan testing to Beijing, Tianjin, and other acclaimed prosperous provinces in the country.
2020-8-16 17:10 | |
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In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different provinces across the country.
2020-8-8 16:17 | |
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State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan.
2020-8-7 15:05 | |
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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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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.
2020-5-27 20:07 | |
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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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While crypto regulation is still quite murky in Russia, a ministry in the country is making a huge effort to improving the situation. According to prominent Russian publication, Izvestia, Russia’s Ministry of Economic Development recently published an official document on a draft framework for regulatory sandboxes.
2020-3-25 21:35 | |
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Coronavirus cases in India appear to be low now, but that could be because of poor testing rates in the country. The post India’s Dreadful Coronavirus Testing Rate Puts Over a Billion at Risk appeared first on CCN.com
2020-3-17 14:05 | |
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The Reserve Bank of Australia (RBA) — the country’s central bank says adoption of state-backed digital currency for interbank settlement could provide certain advantages like cost savings and better financial inclusion.
2020-1-16 15:00 | |
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Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch.
2019-11-14 20:45 | |
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Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape.
2019-11-7 19:13 | |
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Recep Tayyip Erdogan, the current president of Turkey, has recently affirmed that the government is testing its central bank digital currency (CBDC) project and that the project is set to be finished by 2020.
2019-11-6 00:38 | |
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Coinspeaker Revolut Officially Begins Business in Singapore after Long Beta Testing PeriodRevolut, the UK fintech bank, is now available for customers in Singapore. It has 30,000 customers in the country already.
2019-10-24 13:14 | |
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Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden.
2019-8-15 09:53 | |
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WhatsApp’s payment program has been stuck in the testing phase in India for quite a while now. But, the wait might finally be over. The company‘s global head, Will Cathcart, said the UPI-based payment service will officially launch in the country by the end of 2019.
2019-7-25 15:48 | |
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A new partnership between Oxfam, ConsenSys and Sempo is testing Dai in Vanuatu, the most natural disaster-prone country on earth
2019-6-21 19:44 | |
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Information processing has changed drastically, ever since the inception of the Internet. However, the payment industry has not. It has remained the same, slow, tedious and time-consuming. Unlike data, payment doesn’t flow seamlessly owing to various factors such as the fact that every country has a centralized ledger which is not linked to other countries.
2019-6-5 15:30 | |
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By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry.
2019-5-17 11:01 | |
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South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, has announced its first batch of financial services providers accepted into its financial regulatory sandbox.
2019-5-4 14:49 | |
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When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.
2019-2-5 23:06 | |
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The trial should analyze e-krona technical issues, and whether the CBDC can meet several characteristics including scalability and security, the country’s central bank announced.
2018-10-31 23:21 | |
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Since the introduction of the blockchain, we’ve commonly seen the decentralized technology associated with digital currencies like Bitcoin or Ripple. While those are viable use cases, Australia is looking to innovate on traditional blockchain-based payment solutions.
2018-10-9 20:53 | |
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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 World Bank and Australia's largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.
2018-8-25 23:16 | |
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The Indian cryptocurrency sector has been devoid of all banking resources as directed by the country’s central bank, The Reserve Bank of India, since Friday, July 6. A four-month long legal fight, low volumes, falling crypto prices and, now, the lack of banking is testing the foundation of this sector.
2018-7-9 15:59 | |
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Financial Conduct Authority Approves Crypto Companies for 4th Cohort of Regulatory Sandbox One of the most important regulatory agencies in the country, the Financial Conduct Authority (FCA), unveiled on July the 3rd, all the firms that were successfully approved to begin testing the fourth cohort of the sandbox. The City regulator named some cryptocurrency and […]
2018-7-5 00:22 | |
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Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing.
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital…
Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services.
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of…
China has launched its first industrial park dedicated to developing and applying the digital yuan, or e-CNY, in the city of Nanjing, Jiangsu province.