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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 | |
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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
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CBDC development 'not a race': Chris Giancarlo
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. дальше »
2020-6-1 13:00 | |
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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, altcoins' future might depend on how CBDCs rally once launched
China's DCEP has been released on a pilot basis in around four cities as of now, and by the looks of it, the project seems to be doing quite well. In a recent podcast, Lennix Lai, Director of FinanciaThe post Bitcoin, altcoins' future might depend on how CBDCs rally once launched appeared first on AMBCrypto. дальше »
2020-5-24 23:30 | |
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Mauritius Is Having a Crypto Moment, Set to Launch State-Owned Digital Currency
Digital currencies are being adopted at an increasing rate by several countries. While superpowers, save China, are slow to progress with the digitalization wave, some smaller nations are moving ahead with pilot projects. дальше »
2020-5-13 17:00 | |
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Digital Yuan’s (DCEP) Ability to Dominate Cash Depends on 4 Keys: Former Bank of China Pres.
China is on the brink of launching its digital yuan for commercial use as the government has already started the pilot run a couple of weeks ago. During the pilot run of the digital yuan or the DC/EP system, the government employees of 4 major cities were given digital yuan in the form of travel […] дальше »
2020-5-7 19:28 | |
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PBoC’s Fintech Innovation Regulations Pilot Program Extends to Six More Districts
The new Fintech Innovation Regulations implemented last year by the Bank of China (BoC) in a Beijing Pilot program will be extended to six more districts, with hopes of benefiting the real economy amidst global Covid-19 concerns. дальше »
2020-4-30 20:43 | |
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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 | |
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Coronavirus Stalls China’s Progress with Central Bank Digital Currency
The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen before the end of the year. дальше »
2020-2-26 23:00 | |
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China Might Adjust FX Regulation for Cryptos
China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government official. Besides, China might reform the foreign exchange regulation to deal with cryptocurrency. дальше »
2019-12-24 14:30 | |
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Sweden’s Central Bank, Riksbank, Partners with Accenture to Develop CBDC Dubbed ‘E-Krona’
The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […] дальше »
2019-12-14 19:12 | |
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Sweden Joins China and Others in Central Bank Crypto Race
It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona. дальше »
2019-12-14 10:51 | |
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China Continues Supporting Blockchain Technology With New Investment In Hainan’s Free Trade Zone
Blockchain could receive support in China from Hainan Province. This region released the first blockchain pilot zone in the free trade zone of the province. This would bring talents, improve technological adoption and it would eventually help investment grow, among other things. дальше »
2019-12-6 01:15 | |
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People’s Bank of China Announces Test Program to Limit Cash Transactions
The People’s Bank of China (PBOC) revealed that a new regulatory pilot program will be rolled out in three provinces seeking to limit the size of unregistered cash transactions allowed in the nation. дальше »
2019-11-17 00:22 | |
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Central Bank of China Starts Trials to Restrict Large Cash Transactions
The central bank of China will pilot a restriction on large-scale cash transactions, possibly paving the way for its upcoming digital Renminbi
дальше »2019-11-15 05:10 | |
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China’s State Administration of Forex (SAFE) Extends Cross-Border Pilot to Leverage Blockchain Tech
China’s State Administration of Foreign Exchange (SAFE) has recently taken a move to help leverage blockchain technology so that better cross-border financial services are offered, reports local news outlet Global Times. дальше »
2019-11-12 01:27 | |
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China’s Shenzhen Special Economic Zone Now Backs Digital Currency Research
The Chinese Communist Party has included a mandate for digital currency research in a new set of guidelines on the scope of the Shenzhen Special Economic Zone. According to AMBCrypto the Shenzhen Special Economic Zone will carry out pilot reforms of market access and regulatory system mechanisms, start a more flexible and prudent as well […] дальше »
2019-8-19 04:46 | |
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NTT Communications Thailand to Establish Blockchain, AI, IoT-Focused Innovation Lab
NTT Communications Thailand, the Thai subsidiary of Japan-based NTT Group is set to establish an “innovation lab” to pilot and develop Internet of Things (IoT), artificial intelligence (AI), and blockchain-based solutions to foster the country’s digitization reports Bangkok Post, April 23, 2019. дальше »
2019-4-25 17:00 | |
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Ford drives cobalt supply chain transparency with IBM blockchain
Ford has become the latest company to jump on the blockchain pilot bandwagon. The American car manufacturing giant is conducting a blockchain trial in a bid to trace cobalt, found in the lithium-ion batteries used by electric cars, from a Chinese-owned mine in the Congo. дальше »
2019-1-16 18:15 | |
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China Pilot Shows Strong State Control of Blockchain Development
China has launched its first official blockchain pilot zone in Hainan Province. Effectively a Silicon Valley for the blockchain industry, the pilot zone at the Hainan Resort Software Community (RSC) includes a separate blockchain research facility, which will work with Oxford University’s Oxford Blockchain Research Center to produce blockchain applications. дальше »
2018-10-10 22:51 | |
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China Blockchain Pilot Includes Hong Kong, Macau, Guangdong
China is eager to explore digital ledger technology—as long as you don’t say “Crypto. ” The People’s Bank of China has officially launched testing of a finance blockchain project for three currency areas, The Asia Times reported earlier today. дальше »
2018-9-5 18:56 | |
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China Issues First Tax Authority-Approved Invoice on Blockchain
The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
дальше »2018-8-10 20:02 | |
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