by COINS NEWS - 9 months ago
Central bank digital currencies have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike....
Cryptocoins News / Finance Magnates - 9 months ago
Russia will begin testing digital ruble for real-world
use cases on August 15 with 13 banks and some of their clients. According to a
statement issued by the country's central bank, Russia will begin issuing the digital currency for broad use cases...
Cryptocoins News / The Cointelegraph - 9 months ago
According to Olga Skorobogatova, first deputy governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project....
Cryptocoins News / CoinJournal - 9 months ago
The pilot program will start on August 15, 2023.
13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR).
During the test, users will be able to use digital rubles to make purchases at 30 retail locations s...
Cryptocoins News / The Cointelegraph - 9 months ago
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDC and targets Japan, India, China and Southeast Asia. Japanese blockchain startup Soramit...
Cryptocoins News / The Cointelegraph - 9 months ago
Previously commonly referred to as the “digital real,” the Brazilian central bank digital currency gets its official brand name. The Brazilian central bank digital cu...
Bitcoin News / Bitcoin.com - 9 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join BRIC...
Bitcoin News / Bitcoinist - 9 months ago
The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation. The move comes as part of the bank’s effo...
Cryptocoins News / The Cointelegraph - 9 months ago
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide. The next president of the United States...
Cryptocoins News / The Cointelegraph - 9 months ago
The crypto asset manager looked at the leading U.S. presidential candidates’ positions and did not see a partisan divide. The next president of the United States is li...
Bitcoin News / Bitcoinist - 9 months ago
Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central Bank Digital Currency (CBDC) launch plans. On August 3, the bank unveiled the corporate identity of the digital ruble. Also, the...
Cryptocoins News / The Cointelegraph - 9 months ago
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency. The Digital Dollar Project (DDP) a...
Cryptocoins News / The Cointelegraph - 9 months ago
PArSEC — short for “parallelized architecture for scalably executing smart contracts” — runs on the ERC-20 standard, so it could have other applications, too. The Ma...
Cryptocoins News / Blockchain - 10 months ago
South Korea selects Jeju, Busan, and Incheon for its CBDC pilot project, excluding Seoul. The Bank of Korea aims to test digital currency issuance and distribution. (Read More)
Bitcoin News / Bitcoinist - 10 months ago
South Korea is currently making a crucial stride in the digital currency sphere as a commitment in the space of central bank digital currencies (CBDCs). In the latest report, the country has earmarked three potential regions for pioneering its CBDC p...
Cryptocoins News / The Cointelegraph - 10 months ago
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. The Bank of Korea has narro...
by COINS NEWS - 10 months ago
One of the biggest hurdles with CBDCs will be getting people to accept the thought of it being in the own good to enter a new financial era, where the government has full insight and control over your personal finances. Projects like WorldCoin is qui...
by COINS NEWS - 10 months ago
TLDR at the bottom Introduction The world is struggling at the moment. Fed rate hikes, looming recession fears (or recession/depression/total economic collapse depending on your country) and inflation still running rampant in most countries. People a...