Jinan Leads the Way: China’s First Cashless Bus Network Accepts Digital Yuan Payments
Jinan, the bustling capital of Shandong Province in China, now accepts payments using the digital yuan and has already been ...
Tag: CBDC
CBDCs Gain Momentum: 130 Countries Now On The Runway
As digital currencies such as CBDCs begin to take a more pivotal role in the global economy, recent studies indicate ...
Swiss National Bank Announces Plans To Launch Wholesale CBDC Pilot
Switzerland looks set to join the growing list of nations conducting a Central Bank Digital Currency (CBDC) pilot. According to ...
CBDC: Shanghai Financial Service Launches Digital Yuan Services
The Chinese central bank's financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement ...
IMF Acknowledges Ineffectiveness of Banning Cryptocurrencies, Encourages CBDC Adoption
The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus ...
Bank Of Japan Begins Pilot For Japanese CBDC
The Bank of Japan has announced the launch of a three-year pilot program for its central bank digital currency (CBDC), ...
Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards ...
18 ltalian Banks Forge Partnership For Blockchain-Based Wholesale CBDC Project
A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy has brought together a group of ...
