South Korea’s Shinhan Bank Develops CBDC Platform with LG CNS
South Korean bank Shinhan has announced the Central Bank Digital Currency (CBDC) pilot's completion in association with LG CNS.
Crypto News
Crypto News
Ripple Supports Central Banks via Private Version of XRP Ledger
Ripple announced a pilot project to provide a private version of its XRP Ledger for central banks to issue and manage digital currencies.
Crypto News
Mastercard partners with Island Pay to launch a prepaid card for World’s first CBDC in the Bahamas
Mastercard, in association with Island Pay is rolling out prepaid cards for the World's first CBDC, the Bahamian Sand Dollar.
Blockchain News
China to airdrop $4.6M in Digital Yuan as it fuels testing to Sichuan
According to a local media, the capital of Chinese province of Sichuan, Chengdu will launch another significant trial for digital yuan in January.
Bitcoin News
Former Canadian Prime Minister Stephen Harper views Bitcoin as Future Reserve Currency
Stephen Harper, the former Canadian Prime Minister observes Bitcoin as a unit of account and medium of exchange but not as a storehouse.
Crypto News
Donald Trump bans Alipay along with seven other Chinese Apps
The outgoing Trump administration passes an executive order banning transactions with eight Chinese software applications including Alipay.
Crypto News
Swedish Bankers express concern over E-Krona CBDC Project
The Swedish banks emphasized that moving the nation to a digital currency dependent economy, thus expressing concerns over E-krona CBDC project.
Crypto News
Ukraine to associate with Stellar Foundation to develop Ukrainian CBDC
In order to develop Ukrainian Central Bank Digital Currency, Ukraine's Ministry of Digital Transformation collaborates with Stellar Foundation.
Crypto News
Shenzhen declares giveaway worth 20 Million Digital Yuan
China's popular city, Shenzhen, declared that its residents would receive 20 million digital yuan as a gift to trial the CBDC.
Crypto News
Turkey government to trial digital currency in 2021
The Turkish government is actively concentrating on the establishment of central bank digital currency in 2021, surpasses other nations in the CBDC race.