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Four nations’ central banks join forces to work on a brand new CBDC platform
The central bank digital currency (CBDC) race is still one of the biggest talks of the financial world — so much so that central banks of multiple countries have recently teamed up to work on a joint CBDC. дальше »
2021-9-2 13:23 | |
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Digital Yuan Can Now Be Used to Pay for Electricity Bills
The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. дальше »
2021-7-24 21:00 | |
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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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New Zealand: Central Bank to Explore CBDC, Stablecoin Policies via Public Consultation
The Reserve Bank of New Zealand is set to conduct public consultations with regard to CBDCs, stablecoins, and other emerging mediums of payment. NZ Catches the CBDC Fever According to an official statement issued on July 7, the Assistant Governor of The Reserve Bank of New Zealand, Christian Hawkesby detailed as to how New ZealandRead More дальше »
2021-7-8 10:00 | |
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New Zealand's Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins. дальше »
2021-7-8 06:23 | |
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China: New CBDC Trials Indicate Pivot toward Environmental Sustainability
China’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. дальше »
2021-7-4 15:00 | |
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Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in the city of Suzhou which also allows digital yuan payments for subway fares. Digital Yuan […] дальше »
2021-7-1 10:30 | |
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Citigroup’s Richest Clients Can Now Trade Crypto; Also Helps Invest in Stablecoins, NFTs, & CBDC
Citigroup is finally coming around on cryptocurrencies. The Wall Street giant now allows its richest clients to bet on crypto as part of a new digital assets group inside its wealth management unit. дальше »
2021-6-25 16:39 | |
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Banque de France Completes New CBDC Experiment for Securities Settlement
France’s central bank stated that it completed a new central bank digital currency (CBDC) experiment in collaboration with Switzerland-based cryptocurrency bank, SEBA. Banque de France Partners with SEBA for CBDC Experiment Banque de France made the announcement via a press release on Monday (June 21, 2021). дальше »
2021-6-22 21:02 | |
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Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […] дальше »
2021-6-15 00:30 | |
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China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an
As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an. дальше »
2021-6-15 23:00 | |
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Bank of England Explores Digital Money, CBDC in New Discussion Paper
The Bank of England released a new discussion paper exploring digital currencies and central bank digital currencies (CBDC). The post Bank of England Explores Digital Money, CBDC in New Discussion Paper appeared first on BeInCrypto. дальше »
2021-6-8 15:00 | |
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UBRI Welcomes First University Partners in Africa, UAE and Iceland, Drives CBDC Research Forward
Ripple's UBRI welcomes the University of Capetown, Reykjavik University, and New York University Abu Dhabi to the leading university blockchain accelerator program. The post UBRI Welcomes First University Partners in Africa, UAE and Iceland, Drives CBDC Research Forward appeared first on Ripple. дальше »
2021-4-27 16:00 | |
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Bahamas Ranks First in CBDCs, China’s Digital Yuan Third: PwC Report
Professional services firm PwC has given the Bahaman Central Bank Digital Currency (CBDC) the highest rank in a new report. The Caribbean island tops even China’s digital yuan, which is widely thought to be the most progressed CBDC. дальше »
2021-4-19 18:10 | |
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UK to Launch Exploratory Taskforce for CBDC
Sunak announced about the CBDC at the Innovate Finance Global Summit. He said: “We’re launching a new task force between the Treasury and the Bank of England to coordinate exploratory work on a potential central bank digital currency. дальше »
2021-4-19 16:17 | |
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U.S. Struggles To Keep Up As China Further Develops Its CBDC
The new U. S administration, led by President Joe Biden, is keeping a close watch on trends in China surrounding a possible digitized version of its national ‘Yuan’ currency. The Biden administration is primarily most concerned about the potential for this digitized Yuan to undermine the U. дальше »
2021-4-14 17:39 | |
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China’s CBDC Trial Expands to Hainan Province
The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan Province. It has announced an event with the hopes of publicizing the use of the new digital currency. Members of the Sansha City government, including their staff, enterprises, and permanent residents, will be the main participants of this trial. дальше »
2021-4-9 18:31 | |
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Bank Of Japan Committee for CBDC Experimentation a ‘Necessary Step’
In a release dated March 26, 2021, the Bank of Japan (BoJ) announced the formation of a new committee to oversee experiments related to central bank-issued digital currencies (CBDC). The central bank said that it will conduct its CBDC research in three phases. дальше »
2021-3-26 15:00 | |
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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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Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets
Sadly, this year has come with a jolt of reality, showing that all the progress of 2020 was essentially fruitless. Yes to a CBDC, No to Private Cryptos Earlier this year, the Lok Sabha Bulletin confirmed that the Indian government had introduced a new draft regulation that will see the country ban all private cryptocurrencies […] The post Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets first appeared on BitcoinExchangeGuide. дальше »
2021-2-9 20:16 | |
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India: New Bill Seeks to Introduce CBDC, Ban ‘Private’ Cryptocurrencies
India continues to see-saw its stance toward cryptocurrencies. India Mulling Banning ‘Private’ Cryptocurrencies, Launching CBDC According to the Lok Sabha Bulletin published on January 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, aims to stop the trading of digital currencies in India. дальше »
2021-1-30 18:00 | |
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China turns up pace on CBDC release, tests infrastructure prior to adoption
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond. дальше »
2021-1-17 10:47 | |
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China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. дальше »
2021-1-16 14:49 | |
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Shenzhen Airdrops $3 Million Worth of Digital Yuan in Third CBDC Test
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. дальше »
2021-1-6 20:00 | |
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The Bank of Thailand continues to investigate central bank digital currency solutions
The Bank of Thailand (BOT) recently announced that it is developing a prototype payments system that would rely on a central bank digital currency (CBDC) to facilitate payments. This new project extends the BOT proofs-of-concept using Corda and Hyperledger. дальше »
2020-6-23 18:00 | |
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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter
China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners. дальше »
2020-5-23 19:00 | |
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China Releases CBDC Test Center Candidates: McDonald’s and Starbucks Included
As China attempts to recover from the COVID-19 outbreak, new details emerge about its central bank-issued digital token, including a connection to Starbucks and other western businesses. The token will now be tested in the Xiong’an New Area among other places. дальше »
2020-4-24 12:10 | |
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CBDC might become single point of failure in itself: BoE exec
Bank of England's Deputy Governor Sir Jon Cunliffe is the latest one to address CBDCs and stablecoins. Referring to cryptocurrency as a new wave of technological development, he stated that crypto adoThe post CBDC might become single point of failure in itself: BoE exec appeared first on AMBCrypto. дальше »
2020-3-2 15:00 | |
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Sweden’s Riksbank Launches Its Central Bank Digital Currency (e-Krona) Testing
Sweden is getting closer and closer to issuing its own central bank digital currency (CBDC), as it already started testing the e-krona. The pilot program for the new digital currency is supposed to last for a year and thus, to end in February 2021. дальше »
2020-2-21 23:03 | |
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US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. дальше »
2020-2-14 02:00 | |
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People’s Bank of China Has Filed 84 Digital Payment Patents For CBDC’s: Report
According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute. дальше »
2020-2-14 00:55 | |
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Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital Yuan
Coinspeaker Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital YuanJapanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system. дальше »
2020-2-11 20:57 | |
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Japanese Lawmakers Pushing for CBDC to Counter Failing Fiat Currency System
Coinspeaker Japanese Lawmakers Pushing for CBDC to Counter Failing Fiat Currency SystemJapanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system. дальше »
2020-2-10 20:57 | |
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The Chinese CBDC Will Have Transactions Approved by the PBoC
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. дальше »
2020-1-31 01:00 | |
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Largest Australian bitcoin exchange BTC Markets appoints new CEO
BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC). дальше »
2020-1-29 12:54 | |
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Bahrain Becomes Next Country to Trial Digital Currency
The central bank of Bahrain is the first to pilot a new toolkit developed by the world economic forum. This toolkit will help Bahrain’s central bank determine if a Central Bank Digital Currency (CBDC) is the right fit for the gulf kingdom. дальше »
2020-1-24 17:00 | |
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Why Crypto Dad Wants to Digitize the Greenback
Crypto Dad wants to digitize the greenback. His new venture, the Digital Dollar Project, is a foundation set up to advocate for a US central bank digital currency (CBDC). But is it necessary? What Libra Did Interest in CBDCs has been growing since Facebook threatened to undermine the international monetary order with the creation of […] The post Why Crypto Dad Wants to Digitize the Greenback appeared first on Crypto Briefing. дальше »
2020-1-21 19:31 | |
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