Search Results for: carried out tests

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

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Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as…

CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years

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PRESS RELEASE. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and…

Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program

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The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among…

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

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A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the…

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms

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Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto…

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European…