Bank Of Korea Launched A Test Program For Its Cryptocurrency Despite Low Demand
The Bank of Korea (BOK) has initiated a test program to check the capabilities and necessary technologies required for launching
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Cash And Debit Cards May Transmit COVID-19 And CBDCs Could Be The Solution, BIS Report Says
Amid the spread of the COVID-19 pandemic, world governments and central banks should focus on launching CBDCs, a BIS report
Russia’s Legislative Ban On Cryptocurrency Delayed Because Of The Coronavirus
The unexpected COVID-19 outbreak is delaying the adoption of Russia’s legislation “On Digital Financial Assets,” according to a government official.
China’s Cryptocurrency Is Closer Than Expected, Already Working On Legislation
Despite the delay, the People’s Bank of China (PBC) is closer to launching its official digital currency. By working together
Change Of Plans? Facebook’s Libra To Host Multiple Central Banks’ Digital Currencies
The pressure from the regulator on Facebook’s potential cryptocurrency project Libra has pushed the social media giant to alternate its
China Delays Development On National Cryptocurrency As Coronavirus Epidemic Continues
China has delayed its research on launching a government-backed Digital Currency Electronic Payment (DCEP), in Q1 2020, as the country
Japan’s Financial Authorities Discuss A National Cryptocurrency
Financial and monetary authorities in Japan are accelerating the process of creating their own digital currency. The Ministry of Finance,
Sweden’s Central Bank To Begin Testing National Cryptocurrency
The Swedish Central Bank will establish a test group for its potential digital currency – the e-krona. It will run
Russia’s Central Bank Completes Blockchain Pilot To Issue Tokenized Assets
The Central Bank of Russia announced in late December that it would be testing out its state-backed cryptocurrency within a
Japan To Release Cryptocurrency Proposal Friday To Counter China’s Digital Yuan
Japan is seemingly following the footsteps of China to ensure that they are not left out in the race for
