2022-9-17 21:15 |
In one of three reports released simultaneously Friday, the Treasury Department talks cautiously about stablecoins and CBDC in the context of wider payment technology. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The US Federal Reserve is set to launch “FedNow”, -a service that will enable businesses, individuals and institutions to send payments instantly, offering the same services as cryptocurrencies and a central bank digital currency (CBDC).
2022-9-2 23:01 | |
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The International Monetary Fund remains skeptical about private crypto, but is pushing for new ideas on state-backed digital currency
2022-9-2 19:00 | |
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Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways.
2022-8-24 21:22 | |
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The U.S. Federal Reserve is considering a payment system that could reduce the need for a central bank digital currency (CDBC). Federal Reserve Touts FedNow Benefits A service called FedNow...
2022-8-18 01:06 | |
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Проект цифрового евро окажется успешным только при условии активного применения инструмента. Об этом говорится в документе ЕЦБ о ключевых целях выпуска CBDC. We are responsible for preserving the integrity of the monetary and payment systems in the interest of citizens.
2022-7-14 14:55 | |
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The Chongqing district in China is to conduct a new pilot for the digital yuan CBDC. The pilot will allow taxpayers to make payments in digital yuan. The post China: Chongqing Launches Tax Payment Pilot for Digital Yuan appeared first on BeInCrypto.
2022-6-4 16:00 | |
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A U.S. CBDC is needed to ensure the dollar remains the world’s dominant payment mechanism, the bank’s analyst said
2022-4-12 14:02 | |
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The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.
2022-4-7 20:30 | |
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Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency.
2022-1-15 02:17 | |
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While CBDC trials have taken place in France and there are formalized discussions about the digital euro, what about the state of crypto adoption in Scandinavian countries? In a recent speech, the The post Here's why cryptocurrencies are not common as a means of payment in Norway appeared first on AMBCrypto.
2021-11-14 02:30 | |
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JD. com, an e-commerce giant, has started accepting China’s CBDC as payment on its platform during Singles’ Day, an unofficial Chinese holiday and shopping season. Although the digital renminbi (e-CNY) has not yet launched nationwide, JD.
2021-11-12 14:46 | |
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Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage.
2021-11-10 00:20 | |
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“We can't run fast enough right now to get into the space because a lot of other people are deep into crypto,” said CEO Michael Miebach. The post Mastercard Sees ‘Massive Services Opportunity’ in Cryptocurrency, But as a Payment Tool Bets on CBDC first appeared on BitcoinExchangeGuide.
2021-10-29 18:53 | |
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American fast-food restaurant chain McDonald’s is reportedly being pressured by China to expand the trial program of its digital yuan central bank digital currency (CBDC). According to a Financial Times report, digital yuan wallets are already being trialed as a payment option in over 250 McDonald’s stores in Shanghai.
2021-10-21 14:45 | |
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Winter is coming and so are the Beijing Winter Olympics, in just four months. Yet, in spite of the falling temperatures, China is only heating up when it comes to rolling out its CBDC. Now, more buThe post China braces itself for CBDC rollout, companies to implement e-CNY payment pilots appeared first on AMBCrypto.
2021-10-20 17:00 | |
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An executive of the Bank of Japan (BOJ) said that Japan’s proposed central bank digital currency (CBDC) will be a simple design and one that can be used alongside existing private payment services.
2021-10-16 23:00 | |
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The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture.
2021-10-15 13:10 | |
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The international payment network Visa announced it would create a platform for the compatibility of various blockchains. It will allow to perform cross-border transactions and convert central-bank digital currencies and stablecoins.
2021-10-2 23:39 | |
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Банк международных расчетов (BIS) отчитался о промежуточных результатах исследований в области CBDC, в которых партнерами учреждения выступают семь центробанков. How can #CBDC best serve people and businesses in a fast-moving world? Payment innovations history suggests harnessing network effects and not making users buy new devices.
2021-10-1 16:45 | |
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Visa has released a whitepaper for the Universal Payment Channels, a “hub-and-spoke” model for interoperability among various Distributed Ledger Technologies. The post Visa Publishes Whitepaper for CBDC and Stablecoin Interoperability appeared first on BeInCrypto.
2021-10-1 11:14 | |
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product.
2021-9-25 14:02 | |
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Central banks need to expedite the development of central bank digital currencies (CBDCs), or risk being overtaken by private payment platforms. The post Banks Need to Expedite CBDC Development, Says BIS Official appeared first on BeInCrypto.
2021-9-10 19:00 | |
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Powell stated that stablecoins need stricter regulations if they are to be part of the payment universe.
2021-7-15 00:54 | |
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The central bank of Thailand is currently busy with the development of a CBDC and is focused on forming policy guidelines to regulate stablecoins for more reliable digital payment channels. The post Bank of Thailand Warns Against Using Digital Assets as Payment for Goods and Services first appeared on BitcoinExchangeGuide.
2021-7-9 17:17 | |
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The Reserve Bank of New Zealand is set to conduct public consultations with regard to CBDCs, stablecoins, and other emerging mediums of payment. NZ Catches the CBDC Fever According to an official statement issued on July 7, the Assistant Governor of The Reserve Bank of New Zealand, Christian Hawkesby detailed as to how New ZealandRead More
2021-7-8 10:00 | |
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The experiment was undertaken as a delivery vs. payment project, with tokenised securities handled… The post Bank of France, SEBA Bank Say CBDC Securities Settlement Test a ‘Success’ appeared first on Coin Journal.
2021-6-22 14:58 | |
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R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their CBDC payment solutions, according to a press release on June 15, 2021. Accelerating CBDC DevelopmentRead More
2021-6-17 23:00 | |
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As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an.
2021-6-15 23:00 | |
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Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create a pathway that leads to the attainment of […]
2021-6-9 06:30 | |
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“Issuing a CBDC would help to maintain the autonomy of domestic payment systems and the international use of a currency in a digital world,” says ECB’s report. The post ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’ first appeared on BitcoinExchangeGuide.
2021-6-3 19:24 | |
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Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions. Titled “Exploring central bank digital currencies: How they could work for international payments”, the paper claims there is surging interest for these types of assets. Accenture is a Fortune […]
2021-5-12 01:22 | |
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Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
2021-4-26 07:22 | |
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According to the state-run Shenzhen Special Zone Daily newspaper, the People's Bank of China is now ready to run a trial of its digital yuan through cross-border payments. China’s central bank is running a one-day pilot program under which selected Hong Kong residents can use the central bank digital currency (CBDC) as a payment method […] The post China’s Central Bank Runs a Cross-Border Trial of Digital Yuan first appeared on BitcoinExchangeGuide.
2021-4-6 19:41 | |
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An official of the People’s Bank of China (PBOC) stated that China’s central bank digital currency (CBDC) would act as a backup for major players in the mobile payment sector like Alibaba’s Alipay and Tencent’s WeChat Pay.
2021-3-27 07:00 | |
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China recently proposed a set of global guidelines on central bank digital currencies (CBDC) earlier this Thursday, discussing potential uses and implications of a sovereign digital currency. With the coronavirus pandemic exposing inefficiencies in traditional payment systems, there has been a growing need to digitize legacy financial infrastructure.
2021-3-26 11:28 | |
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Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currencThe post Ripple launches pilot private ledger for central banks' CBDC appeared first on AMBCrypto.
2021-3-4 22:29 | |
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China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency (CBDC). It had earlier announced the commencement of trials for its digital yuan. The government gave out digital yuan to citizens as part of the test, encouraging retailers to accept it as a payment medium.
2021-3-3 13:44 | |
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To reduce cross-border payment's pain, the Central Bank of United Arab Emirates (CBUAE) and People's Bank of China (PBoC) have joined multiple-CBDC's projects, announced Hong-Kong Monetary Authority (HKMA) and Bank of Thailand (BoT) on 23rd February.
2021-2-25 23:36 | |
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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.
2021-2-19 16:00 | |
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It was only a matter of when for the Indian central bank to join the CBDC race. RBI Exploring the Need for Digital Rupee According to a booklet on payment systems published by the Reserve Bank of India (RBI) on Monday, the country’s central bank is weighing the necessity for a central bank digital currencyRead More
2021-1-28 16:00 | |
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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.
2021-1-22 16:00 | |
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Banque de France, France’s central bank, has completed a CBDC pilot. The bank unveiled this news through an official announcement on January 19, noting that it had joined hands with SETL, a UK-based settlement and payment infrastructure provider, to achieve this milestone.
2021-1-21 23:16 | |
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The People’s Bank of China (PBoC) completed its largest digital currency electronic payment (DC/EP) test in Shenzhen. Over $3 million of the central bank’s digital currency was given away to over 100,000 residents in Shenzhen via a red envelope lottery, a WeChat post confirmed.
2021-1-20 22:00 | |
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China’s Blockchain Service Network (BSN) laid out its plans for 2021 on Jan. 15. The company expects to build a universal digital payment network (UPDN) over the course of five years. However, its goals for 2021 include launching a beta-test version of the UPDN in the second half of the year.
2021-1-17 13:52 | |
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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.
2021-1-16 23:00 | |
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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.
2020-12-7 18:00 | |
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The Bank of International Settlements (BIS), Swiss National Bank (SNB), and SIX Digital Exchange has completed a wholesale CBDC proof-of-concept (PoC), which tested the integration of a CBDC with tokenized assets and the feasibility of linking existing payment networks with Digital Ledgers (DLTs).
2020-12-5 20:16 | |
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Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure.
2020-11-30 14:02 | |
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A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
2020-11-30 21:42 | |
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Crypto does not need to be another digital neobank; it needs wallets and platforms where payments, assets, and on-chain finance reinforce one another
The following is a guest post and opinion from Jenny Drinkwater, Marketing Manager at System73. For years, crypto payments have lived in an awkward middle ground. They were never quite mainstream, but they also never disappeared.
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