Tag: CBDC
Some Chinese Cities Give Away 180 Million e-CNY to Promote the CBDC
Reading time: < 1 minute The authorities of many cities in China have given away 180 million e-CNY to stimulate the use of the CBDC by the population in the Chinese New Year.
Indonesia Plans to Release a Token to Pay for Goods and Services
Reading time: < 1 minute The head of the Central Bank of Indonesia has this week announced that the authorities plans to create a national digital currency (CBDC).
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
Reading time: 3 minutes Singapore, Singpore, 19th October, 2022, Chainwire The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners
Swiss Central Bank: “CBDCs Will be Able to Support the Stability of the DeFi Market”
Reading time: < 1 minute The Swiss Central Bank believes national digital currencies (CBDCs) will be able to effectively interact with tokens deployed on the DeFi decentralized finance market.
The ECB Releases First Results of CBDC Study
Reading time: < 1 minute The European Central Bank yesterday published the first results of its study on the digital euro.
BIS: Central Banks Should Build “Bridges” Between CBDC Platforms
Reading time: < 1 minute The Bank for International Settlements (BIS) has given its support to the central banks’ plans to create national digital currencies (CBDCs).
SWIFT Starts Trials with CBDC International Payments
Reading time: < 1 minute SWIFT has started experiments on international payments using the central bank digital currencies (CBDC) of different countries.
WeChat App Adds Support for Digital Yuan Payments
Reading time: < 1 minute WeChat has recently introduced payments in digital yuan (e-CNY).
China Extends Digital Yuan Testing to Additional Cities
Reading time: < 1 minute According to the central bank of China, the People’s Bank of China, the country will expand testing of the digital yuan to more areas, cities and regions.
The EU Will Consider its Digital Euro Bill in 2023
Reading time: < 1 minute The bill on the digital euro will be presented in 2023, Politico reports citing an official statement by European Commissioner for Finance Mairead McGuinness.