April 18th, 2025
CBDC News - Page 29
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.
China’s Supreme Court to Strengthen Cryptocurrency Property Rights as Crypto Scams Surge
By Chuks Chukwuka
July 22nd, 2020
While the Supreme Court of China is working on strengthening the crypto regulation, an upsurge of CBDC-related scams has been reported.
China’s Uber DiDi Set to Trial Country’s CBDC Digital Yuan
By Muhaimin Olowoporoku
July 8th, 2020
DiDi, being the dominant ride-hailing in China with its over 500 million users, would offer the first real application of Digital Currency Electronic Payment (DCEP).
Visa Crypto Chief Believes CBDC Is One of the Most Important Trends
By Godfrey Benjamin
July 6th, 2020
Cuy Sheffield, Visa’s top executive, believes Central Bank Digital Currencies can be one of the most important trends of the next decade.
Italian Banking Association (ABI) Announces Its Desire to Pilot Digital Euro
By Godfrey Benjamin
June 22nd, 2020
The Italian Banking Association (ABI) voiced its desire to develop a European Central Bank-backed digital currency for Italy. This way the banks want to boost Italy’s financial and economic ecosystems.
Digital Dollar Project Proposes Framework for U.S. Central Bank Digital Currency
By Andy Watson
May 29th, 2020
The Digital Dollar Project group published its first white paper, where they explained the need for a tokenized version of the U.S. dollar and some possible directions for creating this system.