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Sweden’s Riksbank continues testing the viability of issuing its CBDC
Sveriges Riksbank, Sweden’s central bank, which also happens to be the oldest central bank in the world, plans to continue testing the practicability of launching e-krona. The authority unveiled this news via a press release on February 12, noting that it had extended the testing period of its CBDC for another year, ending February 2022. дальше »
2021-2-17 20:17 | |
Xiongan Launches First Hardware Wallet for Digital Yuan
Following the continuous testing and promotion of China’s central bank digital currency (CBDC), the city of Xiongan has introduced the first hardware wallet for the digital yuan. Major Bank ABC Creates Digital Yuan Hardware Wallet The Xiongan Authorities made the announcement on Sunday (Feb. дальше »
2021-2-9 16:00 | |
BIS to Build Proof of Concept Network for Testing Cross-Border Payments Using CBDC’s
The Bank of International Settlements' Innovation Hub (BISIH) announced this week that one of its highest priorities is the continued research and testing of Central Bank Digital Currencies (CBDCs), along with five other areas of focus. дальше »
2021-1-23 22:52 | |
Shenzhen’s Digital Yuan Test Records Massive Success
The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More дальше »
2021-1-20 00:00 | |
Chinese Bank Trials Digital Yuan ATMs in Shenzhen as Part of Third CBDC Test
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. дальше »
2021-1-11 21:00 | |
Italian Banking Association started testing digital euro
As the Central Bank Digital Currency (CBDC) craze continues to conquer the world, the Italian Banking Association (ABI) decided to start a phase of experiments in order to determine the potential benefits of the digital euro. дальше »
2020-12-23 16:49 | |
Chinese IT giants take part in digital yuan test
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, […] дальше »
2020-12-12 20:53 | |
China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
China's central bank plans digital yuan pilot for payments to Hong Kong
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong.
дальше »2020-12-5 22:01 | |
PBOC Planning Technical Pilot Testing of Digital Renminbi (e-CNY) for Cross-Border Payments
The central bank of China and Hong Kong Monetary Authority is now discussing the technical pilot testing of digital renminbi for cross-border payments, said HKMA on Friday. The launch date for e-CNY hasn’t been set yet. дальше »
2020-12-5 19:54 | |
Digital Euro: German Minister Calls for Quick Decision on EU CBDC
Germany’s finance minister has called on stakeholders in the region to expedite action on plans for a central bank digital currency (CBDC). The EU is currently examining the case for a digital Euro even as China accelerates its digital yuan testing protocols. дальше »
2020-11-28 02:00 | |
China: Suzhou Eyes Black Friday for Digital Yuan CBDC Test
China’s central bank digital currency (CBDC) testing train is scheduled to make its next stop in the city of Suzhou as authorities accelerate plans to issue the digital yuan. While several countries are actively involved in developing their sovereign digital currencies, China is reportedly leading the global CBDC revolution. дальше »
2020-11-24 00:03 | |
China: CBDC Tests Crosses $300M Payment Milestone from 4M Transactions
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. дальше »
2020-11-3 18:00 | |
Canada Calls for Coordinated Global Collaboration on CBDC Development
Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols. дальше »
2020-10-31 21:00 | |
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. дальше »
2020-10-20 12:15 | |
US won’t issue a CBDC until the Fed resolves all of the details
With China being in the lead regarding its CBDC testing and development, a lot of countries are rushing their central bank digital coins to catch up. The US, on the other hand, has different plans. дальше »
2020-10-20 11:11 | |
Japan’s central bank to start CBDC tests next year
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. дальше »
2020-10-10 11:59 | |
Bank of Korea to begin testing CBDC
South Korea’s central bank, Bank of Korea (BOK) which had earlier established a central bank digital currency (CBDC) pilot program, has now announced that it planned to speed up the process by startThe post Bank of Korea to begin testing CBDC appeared first on AMBCrypto. дальше »
2020-10-8 19:22 | |
Bank of Korea to Test CBDC Distribution in 2021
With phase one of its central bank digital currency (CBDC) experiment complete, the Bank of Korea (BOK) is looking forward to testing the token distribution system in 2021. Despite the ongoing CBDC trials, South Korea’s central bank says it is not looking to launch a sovereign digital currency. дальше »
2020-10-7 14:34 | |
Bahrain's Central Bank authorizes U.K's Fasset to test blockchain-based solutions
The Central Bank of Bahrain today authorized U. K-based Fintech firm, Fasset, to begin testing the tokenization of hard assets in Bahrain’s regulatory sandbox, according to a press release shared witThe post Bahrain's Central Bank authorizes U. дальше »
2020-9-29 18:40 | |
People’s Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments
China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more. дальше »
2020-9-24 05:17 | |
Mastercard Launches Digital Currency Testing Platform for Central Banks
Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide. дальше »
2020-9-10 22:30 | |
Blockchain Bites: Ripple’s Case, SushiSwap’s Migration, Ether’s Bears
A DBS Bank economist thinks the coronavirus pandemic will accelerate digital asset adoption while Mastercard announced a CBDC testing ground. дальше »
2020-9-10 19:22 | |
Mastercard Launches a Customizable CBDC Testing Platform
Mastercard, one of the world’s largest payment network processors, has launched a customizable central bank digital currencies (CBDC) testing platform for banks to access and explore digital currencies as part of their drive to help modernize payment systems according to a press release on Sep 9. дальше »
2020-9-10 15:00 | |
Mastercard Launches a Virtual Testing Platform for CBDCs
As the Bank for International Settlements survey revealed, a whopping 80% of central banks are engaged in some form of Central Bank Digital Currencies (CBDCs). In the race to embrace digital payments, central banks clearly don’t want to lose its control of the monetary policy in issuing and distributing currency while supporting innovation. дальше »
2020-9-10 19:56 | |
Mastercard launches CBDC testing platform for central banks to explore use cases
Global financial services company, Mastercard launched a Central Bank Digital Currencies (CBDCs) virtual and custom ‘testing’ platform, for central banks to evaluate use cases of national digital The post Mastercard launches CBDC testing platform for central banks to explore use cases appeared first on AMBCrypto. дальше »
2020-9-9 17:30 | |
Boston Federal Reserve Seeks Top Blockchain Networks That Could Support A Digital Dollar
The Federal Reserve Bank of Boston partnership with Massachusetts Institute of Technology (MIT) is currently testing over 30 blockchain projects to find the best one for a digital dollar. The tests aim at finding an already established project instead of building it from scratch with the Fed looking for a stable, secure, and scalable blockchain […] дальше »
2020-8-25 23:44 | |
China’s Digital Yuan Testing Limited to Small Scale Transactions, PBOC Says
Coinspeaker China’s Digital Yuan Testing Limited to Small Scale Transactions, PBOC SaysThe People’s Bank of China (PBOC) has clarified the spreading rumors that the testing of its DCEP involves large cash transactions. дальше »
2020-8-25 17:50 | |
China’s nationwide blockchain to add support for stablecoins
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. дальше »
2020-8-25 14:43 | |
China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] дальше »
2020-8-15 01:23 | |
China’s State Banks Test Digital Wallet App for CBDC Payments
China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated. дальше »
2020-8-7 14:25 | |
Bank of Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020
Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […] дальше »
2020-7-17 17:21 | |
China’s Testing its CBDC on Tencent-backed Food Delivery Giant
The People’s Bank of China is now planning to test its state-backed digital currency on the Tencent Holdings backed food delivery giant Meituan Dianping, just days after the reports came that DiDi Cuxing, the Chinese equivalent to Uber will be piloting the DC/EP. дальше »
2020-7-15 21:31 | |
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
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. дальше »
2020-7-9 16:20 | |
PBC Governor says China has no launch timetable for the Digital Yuan
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. дальше »
2020-5-27 20:07 | |
Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency
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. дальше »
2020-4-24 17:55 | |
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 | |
Argentina: Central Bank Tests Blockchain Settlement Solution
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. дальше »
2020-4-22 00:07 | |
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test. дальше »
2020-4-21 00:15 | |
China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC
Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP. дальше »
2020-4-15 21:00 | |
Western Union Testing and Considering Using Ripple (XRP) for Cross-border: Credit Suisse Research
According to the research by investment bank Credit Suisse, the international money transfer service provider, Western Union is currently testing and considering the usage of Ripple (XRP). The report from late January 2020 reads, “Western Union: Testing and considering use of Ripple (XRP) for cross-border (Ripple has made a $50mm investment in Western Union competitor, […] дальше »
2020-4-14 18:27 | |
Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Coinspeaker Central Bank of South Korea Introduces Pilot Program for Testing Digital WonDigital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021. дальше »
2020-4-6 14:11 | |
Sweden Takes First Bite of the CBDC Apple
Sweden has beaten all other major economies to the Central Bank Digital Currency (CBDC) punch, with testing of the e-krona underway. Riksbank Begins CBDC Pilot Sweden’s central bank, Riksbank, is...The post Sweden Takes First Bite of the CBDC Apple appeared first on Crypto Briefing. дальше »
2020-2-22 09:50 | |
In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. дальше »
2020-2-21 04:45 | |
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 | |
Sweden Begins Testing Europe’s First Central Bank Digital Currency
The Riksbank of Sweden is starting to test Europe’s first central bank digital currency (CBDC), they said in a statement made Wednesday. The Swedish central bank says the goal of the testing is to show that citizens could benefit from using an e-Krona that’s as easy to send as an email. дальше »
2020-2-20 19:51 | |
Sweden Is Testing Its New Central Bank Digital Currency
Get ready for the e-krona!
дальше »2020-2-20 19:22 | |