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China’s Central Bank Admits Surging Price Of Bitcoin Has Boosted Interest In Digital Yuan
China’s Central Bank seems to have noticed a spike in the interest rate of residents towards the country’s Digital Yuan. The project is expected to help China join in the digital race by replacing a significant number of its fiat with the digital Yuan. дальше »
2021-4-6 13:54 | |
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Thailand’s Central Bank Plans To Start Piloting Its CBDC In 2022
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. дальше »
2021-4-3 21:54 | |
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Bitcoin Price Surge Could Be Fueling Interest in Digital Yuan, Says PBOC
China’s central bank, the People’s Bank of China (PBOC) has stated there is increased interest in its upcoming central bank digital currency (CBDC) project, and this could be partly due to the recent surge in bitcoin price. дальше »
2021-4-2 19:00 | |
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110-year-old Thai bank SCB taps into DeFi project Band Protocol
SCB 10X, the holding company of Siam Commercial Bank, Thailand’s first commercial bank, said today it was joining decentralized finance (DeFi) project Band Protocol as a node validator, as per a tweet this morning. дальше »
2021-3-31 01:00 | |
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Jamaica's central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. дальше »
2021-3-27 12:11 | |
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Microsoft President on digital currencies: We’re not a bank and we don’t want to become a bank
With Facebook working on its digital currency project Diem, formerly known as Libra, the idea of a private entity issuing currency did not please many financial regulators. Most of them believed that The post Microsoft President on digital currencies: We’re not a bank and we don’t want to become a bank appeared first on AMBCrypto. дальше »
2021-3-24 21:00 | |
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World’s Easiest Onramp for Crypto Beginners: From EUR in Your Bank Account to BTC or NIM in “Your-Keys-Your-Coins” Wallet in Under 5 Minutes
A handshake between traditional finance and decentralized finance (DeFi) is finally happening! Nimiq – a non-profit and open source blockchain project has enabled Atomic Swaps for fiat and cryptocurrencies. дальше »
2021-3-13 20:36 | |
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South Korean bank completes pilot program for digital currencies
South Korean Shinhan Bank has announced the completion of a pilot program for central bank digital currencies (CBDC), a project it collaborated with LG CNS. The project was first announced in November last year, and it seems to be independent of the central bank. дальше »
2021-3-11 17:26 | |
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Korea’s Shinhan Bank Completes Digital Won CBDC Pilot
Shinhan Bank of South Korea has announced the completion of its central bank digital currency (CBDC) pilot. The project was carried out in conjunction with LG CNS and the team claims the pilot is in a bid to get the bank ready for the eventual launch of the nation’s digital won by the Bank ofRead More дальше »
2021-3-11 02:00 | |
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US Fed Chairman Jerome Powell Hinges Digital Dollar’s Fate on Lawmakers
Jerome Powell, the U. S. Federal Reserve Chairman, has hinted that the Fed is eyeing a digital dollar, an initiative that will see the apex bank control digital assets. According to the Federal Reserve chief, in the course of the year (2021), members of the public and lawmakers will likely debate the project. дальше »
2021-2-26 19:10 | |
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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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Chinese Commercial Bank Tests Biometric Hardware Wallet for Digital Yuan Payments
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. дальше »
2021-2-19 16:00 | |
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Bahamas launches prepaid card for its Sand Dollar project
A partnership between the Bahamas Central Bank, Mastercard, and Island Pay will enable people to spend Sand Dollar using prepaid Mastercard. The Bahamas Sand Dollar, which is the world’s first central bank digital currency (CBDC), can be used at any outlet that accepts Mastercard. дальше »
2021-2-18 13:41 | |
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World’s Oldest Central Bank to Extend Digital Currency Project till 2022
Swedish bank Riksbank is set to extend the pilot project for a central bank digital currency by a year. According to the bank, this enables more comprehensive consultation from professional services firms and ensures proper deployment of the digital currency. дальше »
2021-2-18 02:00 | |
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South Korea: Central Bank Publishes Book on CBDC Legal Considerations
South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies. дальше »
2021-2-9 02:00 | |
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Shenzhen Continues CBDC Trials, Distributes Another $3 Million in Digital Yuan
The Chinese city of Shenzhen is preparing for its third test for China’s central bank digital currency (CBDC) project known as digital currency electronic payment (DC/EP), as it plans to distribute $3 million in digital yuan in a red packet event. дальше »
2021-1-22 16:00 | |
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Chinese city to issue $3 million in digital Yuan in pilot giveaway
For the third time, China's southeastern city of Shenzhen will issue the nation’s digital currency as part of an ongoing pilot program to test China’s central bank project among its citizens. The post Chinese city to issue $3 million in digital Yuan in pilot giveaway appeared first on AMBCrypto. дальше »
2021-1-22 22:00 | |
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Chinese-Backed BSN reveals Plans to Develop a Universal Digital Payment Network
Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year. дальше »
2021-1-16 23:00 | |
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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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Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to the official announcement, both parties signed a “Memorandum of Understanding” to deploy Ukraine’s crypto […] The post Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins appeared first on Bitcoin News. дальше »
2021-1-6 11:45 | |
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Ukraine Government Partners With Stellar (XLM) for CBDC Project
The Ukraine government is looking to develop a central bank digital currency (CBDC) following a collaboration with the Stellar Development Foundation (SDF). Ukraine to Develop CBDC on the Stellar Blockchain Network Ukraine’s Ministry of Digital Transformation has inked a Memorandum of Understanding (MoU) with the SDF for its CBDC project. The partnership will see theRead More дальше »
2021-1-6 21:30 | |
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Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC
After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states. дальше »
2020-6-22 21:04 | |
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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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Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony
According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed ‘Project Bakong’ to disrupt the dollar’s hegemony in the country. дальше »
2020-6-20 17:00 | |
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Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC
Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions. дальше »
2020-6-20 19:54 | |
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South Korea Set Up Committee to Study Regulatory Obstacles for Potential CBDC Project
South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC). дальше »
2020-6-16 19:07 | |
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Digital Dollar Project Proposes Framework for U.S. Central Bank Digital Currency
Coinspeaker Digital Dollar Project Proposes Framework for U. S. Central Bank Digital CurrencyThe Digital Dollar Project group published its first white paper, where they explained the need for a tokenized version of the U. дальше »
2020-5-29 20:02 | |
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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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Bank of Russia to Develop Digitial Mortgage on Blockchain Platform
Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project. Leveraging Blockchain for Mortgage Issuance According to a report by a local news outlet, Ria, on Thursday (May 28, 2020), Olga Skoronogatova, Bank of Russia’s First Deputy Governor, revealed the plan of the central bankRead MoreRead More. дальше »
2020-5-29 07:00 | |
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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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China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
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CBDCs and stablecoins, not similar as digitized fiat is not a 'DLT based token'
The central bank digital currency [CBDC] project has been in the talks for quite a long time now. Although Sweden has its e-krona, and the U.S its Fedcoin, they haven't made much progress in comparisThe post CBDCs and stablecoins, not similar as digitized fiat is not a 'DLT based token' appeared first on AMBCrypto. дальше »
2020-5-11 22:30 | |
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Thailand: Ripple Partners Siam Commercial Bank to Foster Instant Cross-Border Payments
Thailand’s oldest bank – Siam Commercial Bank (SCB) – has unveiled its global strategy for cross-border payments with the launch of Outward Remittance Service via SCB EASY developed in conjunction with blockchain project Ripple Inc. дальше »
2020-4-29 15:07 | |
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Central Bank of Argentina to Test IOV Labs PoC Blockchain Clearance System Built on RSK
Reports have surfaced that IOV labs – the Blockchain solutions firm – has developed a proof of concept for a Blockchain supported clearing system. The project is now undergoing testing, which is being carried out by the Argentinian Central Bank (BCRA). дальше »
2020-4-22 00:31 | |
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Bankera Launches Bank Account Alternative Focused on Crypto Businesses
Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. дальше »
2020-4-19 18:45 | |
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China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project
Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has begun to test a national digital currency project. дальше »
2020-4-16 10:00 | |
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Hyperledger Fast Tracks Dev of Ethereum Based eThaler As US Central Bank Digital Dollar
eThaler Set To Create Central Bank Digital Currency (CBDC) At a planned meeting at Hyperledger, a blockchain consortium, it was decided to accelerate its efforts in the development of eThaler, an Ethereum based project aiming to create a CBDC. дальше »
2020-3-26 19:39 | |
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Altcoin Explorer: Maker, the Central Bank for the Decentralized Finance Ecosystem
MakerDAO is a peer-to-contract platform enabling over-collateralized loans by locking ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. MKR is the governance token of the MakerDAO organization enabling its holders to vote on the project’s future. дальше »
2020-3-24 14:05 | |
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Citi Increases Its Equity In Ethereum-based Platform Komgo Specializing In Trade Finance
Citi bank, a founder & investor at Komgo has reportedly increased its stake ownership of the project. The bank is on course with integrating Komgo’s Blockchain Solution with its own trade processing systems. дальше »
2020-3-22 05:11 | |
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Central Bank of Russia Continues to Fight Against the Legal Use of Cryptocurrencies
While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk. дальше »
2020-3-18 18:34 | |
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Facebook-led Libra’s Plan To Bank the Unbanked Gets A New Rival; Celo’s Alliance for Prosperity
The blockchain project Celo and the Silicon Valley mobile payments team behind it, cLabs, have formed an alliance with over 50 heavy hitters. Rivaling that of the Facebook-led Libra Association. Many investors and blockchain firms, including Anchorage, Coinbase Ventures, Bison Trails, Andreessen Horowitz, and just announced, cold storage crypto wallet Ledger are committed to promoting […] дальше »
2020-3-12 20:28 | |
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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles
Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020. дальше »
2020-3-4 18:00 | |
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