February 13th, 2026
CBDC News - Page 29
South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021
By staff writer
October 7th, 2020
As the central bank of South Korea seeks to complete the pilot tests of its national digital currency, it has not announced any information regarding partnerships with major commercial business enterprises yet.
China’s Central Bank Processes Over 3.1 Million Transactions in National Digital Currency
By staff writer
October 7th, 2020
The Central Bank of China has researched over 6,700 use cases for its CBDC and wired more than 5000 payments in the national digital currency to healthcare workers to boost the fight against the coronavirus.
European Central Bank (ECB) Proceeds to Trademark ‘Digital Euro’
By Bhushan Akolkar
October 2nd, 2020
Pushing forward its development with digital currencies, the ECB has applied for a trademark of the “Digital Euro”. The central bank will soon release its assessment for the use of Digital Euro and its impact on the region’s economy.
FinCEN Director Cautions Banks to Be Vigilant on Crypto Exposure against Their AML Program
By Steve Muchoki
September 30th, 2020
Protecting customers from fraud and money laundering remains the utmost priority for the U.S. Financial Crimes Enforcement Network (FinCEN).
Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs
By Steve Muchoki
September 25th, 2020
As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs.
JD.com Joins PBOC on Digital Yuan Project
By Teuta Franjkovic
September 22nd, 2020
JD.com, one of the biggest eCommerce businesses in China, will work with PBOC on the development of the digital currecy project.
PBOC Argues that China Needs to Be Leader in National Digital Currency Space to Shake Global Dollar Dependency
By Steve Muchoki
September 21st, 2020
Now China needs to establish a new payment system network to support its digital currency growth.
Wirex Unveils Its Multi-Currency Crypto Card Powered by Mastercard
By Bhushan Akolkar
September 18th, 2020
The Wirex Mastercard will allow users to spend their cryptocurrencies seamlessly for any online or in-store purchases. The Wirex Card also brings some interesting “Cryptoback” rewards for every purchase.
Brazil Working on Launching Central Bank Digital Currency (CBDC) by 2022
By staff writer
September 4th, 2020
The Central Bank Digital Currency (CBDC) is the digital form of fiat. According to the president of Brazil’s Central Bank, Central Bank Digital Currency (CBDC) may be integrated into the financial system by 2022.
China’s Digital Yuan Testing Limited to Small Scale Transactions, PBOC Says
By Godfrey Benjamin
August 24th, 2020
The People’s Bank of China (PBOC) has clarified the spreading rumors that the testing of its DCEP involves large cash transactions.
Bank of England to Speak at OMFIF Organized CBDC Meeting
By Godfrey Benjamin
August 18th, 2020
The key focus of the meeting will be to tackle the ways in which blockchain technology can benefit various models for CBDCs.
Ripple CEO Thinks Governments Are Taking Cryptocurrency Seriously
By Chuks Chukwuka
August 7th, 2020
According to Garlinghouse, it’s a matter of time before the cryptocurrency phenomenon becomes globally accepted because many people have lost confidence in fiat already.
Exclusive: Cypherium CEO Says Governments Will Incorporate CBDCs into Retail and Wholesale
By Teuta Franjkovic
July 25th, 2020
Cypherium CEO is a massive advocate for ensuring CBDCs are interoperable and he has developed a framework to ensure CBDCs achieve their full adoption and global innovation.
Visa Announces Efforts to Integrate Digital Assets to Its Payment Platform
By Chuks Chukwuka
July 23rd, 2020
Visa stated that digital currencies could help in offering better services and expansion of the networks that would support modern forms of trade and exchange.
Lithuanian Central Bank Launches Its Digital Collector LBCOIN
By Christopher Hamman
July 23rd, 2020
Each LBCOIN issued by the Lithuanian Central Bank features one of the signatories of the Act of Independence.