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As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing.
The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected.
According to Bloomberg, the UK’s central bank, the Bank of England (BoE) is seriously considering a central bank digital currency. At this point, the bank remains undecided on whether it should create and launch a digital pound due to concerns of the large scale of its impacts on the UK economy.
Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner.
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses.
The multiple-issuer/one-currency paradigm is set to remain in a CBDC world
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users.
The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.
China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been havin
The Japanese government is getting serious about a CBDC.
The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar ses
The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use.
The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC.
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.