CBDC

China Getting Closer to the Release of a Digital Yuan: Trials Extended
Jan 12, 2021 at 15:30
News
China Getting Closer to the Release of a Digital Yuan: Trials Extended
As many countries are competing to see who will be the first to launch an effective working central bank digital currency (CBDC), China seems to be in the lead of this game. The country has carried out several trials of its digital yuan in different parts of the country.
Ukraine Is Going to Jump on the CBDC Bandwagon with Stellar
Jan 07, 2021 at 15:43
News
Ukraine Is Going to Jump on the CBDC Bandwagon with Stellar
As most states in the world are moving towards rolling out their own state-backed blockchain-based digital currencies, Ukraine, a cryptocurrency-friendly country in Eastern Europe has also decided to follow the lead. The state is going to develop its own central bank digital currency (CBDC).
Blockchain and Cryptocurrency Adoption in 2021; Will It Grow Further?
Dec 24, 2020 at 14:06
News
Blockchain and Cryptocurrency Adoption in 2021; Will It Grow Further?
There are many new digitiation tendencies that are going to appear and develop in 2021. Institutional investors are seriously seeking for safe haven in Bitcoin as well as other digital assets, and this could make digital currencies may hit new heights.
Russia Has Changed its Mind: Digital Ruble May Be Launched in 2021
Dec 02, 2020 at 10:54
News
Russia Has Changed its Mind: Digital Ruble May Be Launched in 2021
Russian authorities and regulators have been in a series of talks about releasing a central bank digital currency (CBDC) dubbed digital ruble for a long time.
Another CBDC Coming Soon: Lebanon Seeks to Fight Economic Crisis with Digital Currency
Nov 26, 2020 at 14:34
News
Another CBDC Coming Soon: Lebanon Seeks to Fight Economic Crisis with Digital Currency
The Central bank of Lebanon (BoL) is planning to release its state-backed digital currency known as digital pound. The bank is now the latest financial regulator to embrace the roll out of a central bank digital currency CBDC. The official launch is planned for 2021.
European Union Exploring Digital Euro: Central Bank Seeks Public Feedback
Nov 20, 2020 at 13:42
News
European Union Exploring Digital Euro: Central Bank Seeks Public Feedback
The European Central Bank Governing Council is advancing the work on the possible issuance and circulation of a digital euro, a type of central bank electronic money that would foil cash, not substitute it. Authorities want people to access and use these two types of money together, to offer greater choice and easier access to means of making payments.
Central Banks Are Getting a Prototype of CBDC
Oct 21, 2020 at 13:40
News
Central Banks Are Getting a Prototype of CBDC
A new token based on the Public Corda network might become a prototype of Central Bank Digital Currency (CBDC) as it was designed and launched within the G20 sanctioned FATF standards.
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Oct 17, 2020 at 11:23
News
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Global fast-food giants McDonald’s and Starbucks have never been included into the trials of digital yuan. None of the brands confirmed its participation in the testing program.
Coronavirus Speeding Up CBDC: G20 Designing a Framework
Oct 16, 2020 at 13:49
News
Coronavirus Speeding Up CBDC: G20 Designing a Framework
The forced digitizations of nearly all industries worldwide makes traditional players adjust and set standards for innovative solutions. Thus, the G20’s Financial Stability Board (FSB) is set for developing a framework for adopting CBDC.
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