Category: Digital Currency
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China’s digital yuan trials reportedly limited to small retail transactions
China’s central bank released a new statement to debunk some rumors.
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China’s Blockchain Service Network to launch stablecoin support in 2021
China’s national blockchain project BSN could be the best fit for the digital yuan.
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Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly.
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XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
XRP contributes to the development of CBDCs and stablecoins, says key exec.
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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing of Central Bank-Backed Digital Currency in Major Cities China’s Ministry of…
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Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
Thailand’s central bank assesses the chances of bringing centralized and decentralized together.
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China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020.
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Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs.
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Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
China’s CBDC is on its way to Hong Kong.
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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan.