central bank digital currency

Bitcoin

$51,233.00

Ethereum

$1,833.01

XRP

$0.544

Show details

Sweden’s Central bank Partners Up With Accenture to Launch E-Krona

Swedish Bankers Express Concern Over Central Bank’s e-Krona Plans

January 7, 2021 by Anthonia Isichei at Regulation

While Sweden’s central bank is exploring the possibilities of creating its proposed central bank digital currency (CBDC) known as the e-krona, bankers in the country do not seem thrilled about the idea, as they are worried that a CBDC could affect the banking system. Riksbank’s Proposed e-Krona Could Affect Commercial...

Central Bank of Norway to Develop Digital Currency Following Decline in Cash Usage

Norway: No Urgent Need to Create a CBDC Despite Current Global Hype

November 9, 2020 by Anthonia Isichei at Regulation

A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges...

Japan: Central Bank Says CBDC Trials will Commence in Q2 2021

October 13, 2020 by Anthonia Isichei at Regulation

The Governor of the Bank of Japan (BOJ) revealed plans by the central bank to begin testing its proposed central bank digital currency (CBDC) in the Spring of 2021. Japan Eyes CBDC Tests in 2021 According to a Reuters report on Monday (October 12, 2020), the BOJ Chief Haruhiko Kuroda...

South Korea Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks

South Korea Nears Final Stage of CBDC Pilot Test Program

October 8, 2020 by Anthonia Isichei at News

South Korea’s central bank is preparing to enter the final phase of its central bank digital currency (CBDC) pilot program, as it hopes to start the distribution and testing of the digital won in 2021. South Korea to Begin CBDC Trial in 2021 According to the Korea Times on Wednesday...

Hong Kong Financial Authority Taps ConsenSys for Cross-border CBDC Pilot Study

September 26, 2020 by Anthonia Isichei at Regulation

ConsenSys will be collaborating with the Hong Kong Monetary Authority (HKMA) to a cross-border payment network for HKMA’s central bank digital currency (CBDC) project Ethereum Developer ConsenSys Joins the Hong Kong and Singapore CBDC Pilot The U.S. Ethereum blockchain development company announced the news via a press release on Friday...

China: CBDC Trial Focused on Retail Transactions

August 24, 2020 by Anthonia Isichei at Regulation

China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions. Digital Yuan Test for Small Transactions In a report by Global Times on Monday (August...

China: State Commercial Banks Trial Digital Wallet for CBDC

August 6, 2020 by Anthonia Isichei at Regulation

China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency. Digital Wallet App Used for Payments and Transfer According to Reuters on Thursday (August 6, 2020), the...

Chinese Transportation Giant Didi Chuxing to Trial DCEP

China’s CBDC to Target Private Sector Dominance

August 4, 2020 by Anthonia Isichei at Regulation

With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent. China’s CBDC Looking to Even Out Competition According to a report by the Financial Times, some...

Thailand - Central Bank Partners with SCG for CBDC Pilot Test

Thailand: Central Bank Deploys CBDC to Large Corporations

July 16, 2020 by Anthonia Isichei at Regulation

Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT)...

Bank of England Deliberating Digital Currency Issuance, Governor Says

July 14, 2020 by Aisshwarya Tiwari at Regulation

The U.K.’s central bank, the Bank of England (BOE), is assessing whether it should launch a central bank digital currency (CBDC), Bloomberg reports, July 13, 2020. Bank of England Evaluating the Necessity for CBDC In a webinar event with students on Monday, Bailey touched on the possibility of a U.K....

Chinese Transportation Giant Didi Chuxing to Trial DCEP

July 8, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Didi Chuxing Technology Co., China’s leading mobile transportation firm founded by Cheng Wei in June 2012, has announced that it has joined forces with the Digital Currency Research Institute of the People’s Bank of China (PBoC). The alliance will enable Didi Chuxing to trial and explore the nation’s central bank...

Maple leaf coin representing cryptocurrency in front of Canadian flag. The First Cryptocurrency Investment Fund launches in Canada, providing a safe way to invest in bitcoin

Bank of Canada Experts Say CBDC Model Should Be Made Accessible

June 30, 2020 by Anthonia Isichei at Regulation

Some analysts from Canada’s central bank, the Bank of Canada (BoC), opined that some of the key characteristics of a proposed central bank digital currency (CBDC) model should be accessibility, efficiency, affordability, and resilience. Bank of Canada CBDC Could Adopt Cash Characteristics The Bank of Canada published a new staff...

Thailand: Central Bank Partners with SCG for CBDC Pilot Test

June 19, 2020 by Osato Avan-Nomayo at Regulation

Thailand’s central bank in partnership with SCG — one of the country’s largest conglomerates — is set to run a pilot test for a central bank digital currency (CBDC). Thailand Moving Forward with Digital Currency Plans According to the Bangkok Post, SCG has signed a memorandum of understanding (MoU) with...

Pages: 123Last Page

Join our telegram channel

#central bank digital currency News