2020-7-19 09:54 |
As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing.
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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 […]
2020-7-17 17:21 | |
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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.
2020-7-15 21:31 | |
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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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With their economy crumbling from hyperinflation, Venezuelans are finding new workarounds to get hold of digital dollars.
2020-6-17 19:47 | |
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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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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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Ever since its public announcement in June 2019, China’s digital yuan initiative has been closely tracked by the cryptocurrency industry. And as the first phase of testing begins in the... The post With the Dollar’s Days Numbered, Is There Room for a Digital Yuan? appeared first on Crypto Briefing.
2020-5-13 16:39 | |
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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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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.
2020-4-21 00:15 | |
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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.
2020-4-15 21:00 | |
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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.
2020-4-6 14:11 | |
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The Bank of France is officially initiating testing of digital currency for interbank settlements. The regulator invites to participate in the project.
2020-4-5 01:03 | |
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Blockchain identity startup Civic Technologies has just raised the stakes in the cryptocurrency wallet landscape. The company has announced that its Civic Wallet, a non-custodial hot wallet that has been in beta testing, will now guarantee a user’s digital currency holdings for up to $1 million, thanks to a partnership with Coincover and the insurance […] The post Civic Wallet’s $1 Million Guarantee Could Bolster Mainstream Cryptocurrency Adoption appeared first on BeInCrypto.
2020-3-31 13:49 | |
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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.
2020-2-22 09:50 | |
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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.
2020-2-21 23:03 | |
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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.
2020-2-20 19:51 | |
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Get ready for the e-krona!
2020-2-20 19:22 | |
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Chintai, a tokenized ecosystem for leasing, issuing, trading, and managing blockchain-based digital assets, has announced the test pilot program for its Merchant Network. With many unique tokens and potential use cases being serviced by Chintai, highly specific front-end user interfaces will be required to optimize the user experience.
2020-2-11 10:35 | |
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The crypto space is a test tube of experimentation which may pave the way for a digital fiat asset, MIT’s crypto research group said
2020-1-24 23:35 | |
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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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The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […]
2020-1-11 21:18 | |
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People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
2020-1-11 18:02 | |
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Electra (ECA), an open-source Proof of Stake (PoS) blockchain project focused on digital payments, announced today it is now seeking merchants to beta test its flagship product, ElectraPay. ElectraPay is a complete financial management system, that will allow merchants to easily adopt an alternative payment method that is not dependent upon payment service providers, banks, […] CryptoNinjas: Electra opens pilot testing for new crypto payment system
2019-12-30 17:25 | |
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Coinspeaker People’s Bank of China Is to Try Out Its New Digital Currency in Two CitiesThe People's Bank of China is preparing for testing its digital currency in the cities of Shenzhen and Suzhou.
2019-12-9 11:48 | |
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The People's Bank of China (PBoC) is collaborating with Huawei, commercial banks as well as major telecommunications operators to roll out its digital currency
2019-12-9 10:36 | |
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Russian mining giant has begun trialing its platform for trading digital tokens backed by metals
2019-12-6 19:38 | |
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Cryptocurrency is still a risky product for many banks and countries around the world, but the use of central bank-issued digital currency allows a safer exploration for traditional financial institutions.
2019-12-5 23:12 | |
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NOV 2019. Belgrade, Serbia. – After two years in development, Innovative e-commerce platform Safex has announced that early public Beta testing for its decentralized marketplace protocol is underway, with the Community now working with the beta testnet, with Mainnet launch targeted for the end of 2019.
2019-11-17 13:19 | |
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The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […]
2019-11-15 22:47 | |
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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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The Central Bank of Tunisia is digitizing the Tunisian dinar and has announced the launch of the E-dinar, reported Russia’s local news agency, Tass, which it says will be the first central bank digital currency.
2019-11-9 20:44 | |
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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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Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020
2019-11-6 14:51 | |
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Michael Novogratz, the billionaire CEO of Galaxy Digital, said the testing of crypto by Starbucks for its consumer app is a big deal for the asset class. Novogratz said: “Follow this space. This is a big deal.
2019-10-29 12:55 | |
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The Intercontinental Exchange (ICE) is eyeing the first half of 2020 to begin testing of its consumer-facing Bitcoin payment application. The company will be working with its partner Starbucks to bring the app to life.
2019-10-29 23:00 | |
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TokenGX, a Canadian security token issuance platform and its affiliate TokenFunder, Canada’s first security token exempt market dealer, announced that TokenGX has received approval from the Ontario Securities Commission (OSC) for pilot testing a secondary trading marketplace of digital securities.
2019-10-25 20:40 | |
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After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas.
2019-10-20 18:55 | |
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Fidelity Digital Asset Services is rolling out its custody and trading platform to more qualified clients.
2019-10-21 01:15 | |
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Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.
2019-10-18 08:00 | |
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Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.
2019-10-18 08:00 | |
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As the US is making more hurdles for Libra?s launch and China is testing its digital currency, some fear the US may lose its leadership in the crypto industry to China
2019-10-10 17:09 | |
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As the US is making more hurdles for Libra?s launch and China is testing its digital currency, some fear the US may lose its leadership in the crypto industry to China
2019-10-10 17:09 | |
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DxOMark, a site that rates phone and digital cameras, has introduced an audio score for phones. The score measures a phone’s recording and playback capabilities. The site tested seven devices of five brands for initial testing; the Huawei Mate 20 X leading the rankings followed by the iPhone XS Max and the iPhone 11 Pro Max+.
2019-10-10 16:00 | |
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Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More.
2019-9-30 19:00 | |
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Another key test for Litecoin awaits. It seems like every time we look at Litecoin charts, another key level is being tested, and going by recent charts, every test has been a failure. Since reaching its peak of $144 back in June, digital silver has been in a steep descent owing to the hype of […] The post Litecoin testing descending triangle resistance; failure to break could prove costly appeared first on AMBCrypto.
2019-9-30 17:00 | |
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There’s a new crypto platform called Honeypoints that just released for beta testing on Apple’s Testflight. The digital currency application created by two former Bitcoin. com employees aims to fuel merchant adoption with loyalty rewards.
2019-9-13 20:30 | |
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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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Protests in Hong Kong and a trade dispute with the U.S. have put China in the eye of the economic storm. The People's Bank of China has been testing a digital currency, and this week it announced that it is ready.
2019-8-14 22:00 | |
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The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.