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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 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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Japan accelerates rollout of a digital version of yen
Bank of Japan (BoJ), one of Japan's central banks, has put the development of a central bank digital currency (CBDC) on top priority since July, according to a report in Japan Today. As per the reportThe post Japan accelerates rollout of a digital version of yen appeared first on AMBCrypto. дальше »
2020-9-7 19:28 | |
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SaTT Breaks the Bank With $1 Million Collected in 48 Hours – The ICO Race Is Back?
After 2 years of development and an initially difficult experience (in the middle of a bear market), the SaTT project, which offers an original advertising solution based on blockchain and is already working with the biggest social networks such as Facebook, Twitter, YouTube, and Instagram, has just achieved exceptional performance, selling more than a million […] дальше »
2020-9-6 21:07 | |
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South Korean Central Bank Enters Phase 2 of CBDC Development; Seeks Consulting Partner
The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration with a private consultancy. This move will set ground for the second phase of South Korea’s CBDC with a speculated pilot launch in 2021. дальше »
2020-9-1 17:30 | |
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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […] The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News. дальше »
2020-8-29 19:30 | |
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Brazil’s Central Bank considering the development of a CBDC
The Banco Central do Brazil (Central Bank of Brazil) is seriously weighing the benefits... The post Brazil’s Central Bank considering the development of a CBDC appeared first on Coin Journal. дальше »
2020-8-27 15:28 | |
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Over 20% Of Central Banks Are Looking to Launch A CBDC In The Next 1-6 Years: BIS Report
In research published over the weekend, the Swiss-based BIS reports the growing attention by global central banks on research and development of central bank digital currencies (CBDCs) in 2020. The paper states the motivations, technical developments and policy approaches towards the launch of CBDCs vary across the central banks with the more innovative countries taking […] дальше »
2020-8-26 18:25 | |
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Colombian IT Ministry Quotes Satoshi and Bitcoin, Calls for Blockchain and Crypto Adoption
Less than two months after the Office of the Inspector General of Colombia, World Economic Forum (WEF), and the Inter-American Development Bank (IDB) partnered up to develop a blockchain-based Proof-of-Concept solution to tackle corruption in government’s procurement processes, the Colombian Ministry of Information Technology and Communications (MinTIC) has published a draft guide, identifying ten coreRead MoreRead More. дальше »
2020-8-20 01:07 | |
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JPMorgan Investing in Ethereum: ConsenSys Blockchain Conglomerate Raising $50M
JPMorgan Chase & Co is in talks to lead a $50 million funding round in ConsenSys. The arrangement will see the bank’s Quorum project merged with the blockchain software development... дальше »
2020-8-14 18:56 | |
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Korean bank working on custodial services that uses blockchain
KB Kookmin, one of Korea’s largest banks, is spearheading blockchain development projects for the... The post Korean bank working on custodial services that uses blockchain appeared first on Coin Journal. дальше »
2020-8-10 11:53 | |
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Japan’s Central Bank to Prioritize the Development and Potential Issuance of the Digital Yen
News has surfaced that the Japanese Central Bank will now focus their efforts on the development of the digital Yen. This is a there is growing concern that China might beat them by issuing the CBDC first. дальше »
2020-7-29 19:39 | |
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Bank of France Taps 8 Financial Institutions for CBDC Test
France is once again front-running the EU in digital currency matters as the Bank of France gets ready to run central bank digital currency (CBDC) experiments. With China’s accelerated CBDC development, stakeholders in other major economies are calling for their respective central banks to begin developing sovereign CBDCs asap. дальше »
2020-7-21 23:14 | |
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Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. дальше »
2020-7-17 12:40 | |
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Thailand: Central Bank Deploys CBDC to Large Corporations
Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More. дальше »
2020-7-17 20:07 | |
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Japan’s Govt. Is Strongly Considering Launching A CBDC In Cooperation With The US and Europe
Japan is increasing its efforts in developing a central bank digital currency (CBDC), reported the largest financial paper in Japan, Nikkei on Wednesday. The post further confirms that the Japanese government plans to add the development of a digital yen into its policy framework this year. дальше »
2020-7-15 18:11 | |
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Bank of England mulls digital currency as Chinese efforts surge
England’s premier bank announced Monday it is considering digital currency research and development. The post Bank of England mulls digital currency as Chinese efforts surge appeared first on CryptoSlate. дальше »
2020-7-15 10:00 | |
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Sri Lanka: Central Bank to Develop Blockchain-Based Proof-Of-Concept KYC Platform
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has short-listed three software development firms to design a shared blockchain-based Proof-of-Concept (POC) Know-your-Customer (KYC) platform, D. дальше »
2020-7-3 01:07 | |
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Bank of Canada CBDC Insight: Zero-Knowledge Proof Are Insufficient for National Scale Integration
A recent analytical staff note by the Bank of Canada on CBDC's has highlighted that higher privacy levels may come at a cost. The bank summarized possible privacy CBDC frameworks as it looks to advance research and development in this space. дальше »
2020-7-1 20:54 | |
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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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Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. дальше »
2020-6-22 13:50 | |
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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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Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry
Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […] дальше »
2020-6-18 16:15 | |
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Samsung-Backed Blocko Partners IsDB to Offer Sharia Compliant Blockchain Lending
The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system. Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research and Training Institute (IRTI) together with Blocko, is developing a blockchain-based credit system for businesses. дальше »
2020-6-17 06:07 | |
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Bank of Korea launches legal advisory panel for CBDC development
This is part of a series of initiatives being launched by the central bank...
The post Bank of Korea launches legal advisory panel for CBDC development appeared first on Coin Journal.
дальше »2020-6-15 16:37 | |
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South Korea’s Central Bank Focuses on Blockchain and CBDCs in New Ten-Year Plan
The Bank of Korea has revealed a new 10-year development plan for the nation’s economy. The bank is giving blockchain technology and CBDCs a greater priority, with many initiatives planned to be launched by the end of the year. дальше »
2020-6-10 10:10 | |
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Top UN Blockchain Expert Believes Digital Currencies And CBDC’s Pose a Threat To Bank Accounts
Massimo Buonomo, a United Nations global blockchain and fintech expert, said the rising development of CBDCs and the low interest (negative) rates offered in commercial bank accounts may act as a catalyst to make corporate bank accounts obsolete. дальше »
2020-6-6 22:45 | |
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Iranian Official: Central Bank Should be In Charge of Crypto’s; ‘Take Bitcoin Seriously’
An Iranian lawmaker has argued that the country's Central Bank ought to be the oversight body of Bitcoin and other digital currencies. Tasnim news agency was the first to report on this development after Rep Mohammad Hossein Farhangi (Tabriz) shared his sentiments in Parliament. дальше »
2020-6-4 23:48 | |
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Switzerland: FINMA Approves InCore Bank to Carry Out Cryptocurrency Transactions
Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More. дальше »
2020-5-31 15:00 | |
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Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation
Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and “lean into digital currencies” as the nation is falling behind China in terms of crypto innovation. Notably, China has continued with the development of its central bank digital currency, to the extent of conducting real-world pilot tests on […] дальше »
2020-5-28 10:26 | |
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Bitcoin's role in the digital economy will be bettered by CBDC development
With central banks across the world pumping billions of dollars into the economy through monetary and fiscal policies, never has the need for a central bank digital currency [CBDC] been more clearer. дальше »
2020-5-22 16:30 | |
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People’s Bank of China Pledges to “Accelerate” Blockchain Development, Boost Local Industry
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. дальше »
2020-5-15 19:00 | |
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China’s Central Bank Wants to Speed Up Blockchain Adoption
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan.
дальше »2020-5-14 00:30 | |
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AI Startup SenseTime Partners With Chinese Central Bank In Development Of Digital Yuan
The well known artificial intelligence (AI) firm SenseTime, valued at $7. 5 billion, has officially partnered with China's digital currency research institute, an offshoot of the Chinese Central Bank, to help in accelerating the creation of digital yuan. дальше »
2020-4-30 23:45 | |
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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 | |
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China's digital Yuan development may have fueled Facebook's Libra 2.0
The subject of central bank digital currencies [CBDC] has gained considerable traction lately. The introduction of Libra in 2019 also pushed several countries to plan their own digital currencies. дальше »
2020-4-17 15:30 | |
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China’s PBoC Places Central Bank Digital Currency Development As Top Priority
Reports have surfaced that China’s Central Bank has made strides towards realizing their Central Bank Digital Currency (CBDC). In a virtual meeting by the People’s Bank (PBOC) top brass, whose focal point seems to be the discussion around the ongoing developments of China’s digital Yuan. дальше »
2020-4-6 17:22 | |
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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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China Is Drafting Laws for the Circulation of National Digital Currency
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. дальше »
2020-3-26 07:00 | |
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Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC
China is getting one step closer to a digital Yuan as the central bank has completed the CBDC basic function development
дальше »2020-3-25 00:37 | |
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China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report
The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […] дальше »
2020-3-24 18:23 | |
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Central Bank Digital Currency ‘Incredibly Rich Area’ Says IMF
Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF) has made a strong argument for the development of Central Bank Digital Currency (CBDCs). He asserts that as a new asset class they hold tremendous promise, notably for the developing world. дальше »
2020-3-21 21:00 | |
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Zimbabwe: Central Bank Set to Introduce Regulatory Sandbox for Cryptocurrency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. дальше »
2020-3-17 21:00 | |
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PBoC Secures $4.7M Funding for its Blockchain Trade Finance Platform From Chinese Govt
The People’s Bank of China (PBoC) has secured a funding of 32. 5 million yuan ($4. 7 million) for its blockchain trade finance platform for key research and development projects. The country’s central bank has been spearheading this platform that was launched in Sept. дальше »
2020-3-10 22:09 | |
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Algorand and SFB to Power Marshall Islands Central Bank Digital Currency
SFB Technologies, a full-cycle digital agency focused on blockchain development has announced that Alogorand’s blockchain protocol will be used to develop the national digital currency of the Marshall Islands dubbed Marshallese Sovereign (SOV). дальше »
2020-3-4 16:00 | |
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