China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. Go to Source Powered by WPeMatico
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US Fed: CBDC a ‘very high priority’ to combat bad private sector money
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. Go to Source Powered by WPeMatico
Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Go to Source Powered by WPeMatico
Cointelegraph predictions for the first 5 CBDCs of 2021-2022
2021 & 2022 touted to be the most important years for the development of CBDCs Go to Source Powered by WPeMatico
State-owned Chinese bank rolls out ATMs for digital yuan
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan. Go to Source Powered by WPeMatico
Law Decoded: Insurrections, transitions, monitoring transactions and 2021, Jan. 1–8
After watching protestors scale the walls of the Capitol Building, the U.S. will likely not be in the mood for financial regulation in the next couple of weeks. Go to Source Powered by WPeMatico
Trump bans Chinese payment apps, including AliPay and WeChat Pay
The trade war with China homes in on the country’s thriving digital payments industry. Go to Source Powered by WPeMatico
Italian Banking Association launches experimental digital euro project
The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency. Go to Source Powered by WPeMatico
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to the official announcement, both parties signed a “Memorandum of Understanding” to deploy Ukraine’s crypto … Read more
Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework
Stellar XLM’s development arm will work with the Ukrainian government on several digital asset initiatives. Go to Source Powered by WPeMatico
