Category: project

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

By August 7, 2022 CBDC, Central Bank, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, digital rupee, Digital Yuan, feasibility, Finance, nepal, Nepal Rastra Bank, Nepalese, NRB, project, study 0 Comments
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......
[Continue reading...]

Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians

By June 15, 2022 Binance, Binance refugee card, card, conflict, Crypto, crypto card, crypto exchange, Cryptocurrencies, Cryptocurrency, displaced, Exchange, Exchanges, initiative, program, project, Refugees, Ukraine, ukrainian, War 0 Comments
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial......
[Continue reading...]

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

By February 14, 2022 bill, CBDC, consultations, Digital Currency, digital euro, draft law, EC, ECB, EU, Europe, European Central Bank, european commission, Eurosystem, Eurozone, Finance, Law, Legislation, project, tests, trials 0 Comments
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......
[Continue reading...]

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

By December 9, 2021 Bank of France, BIS, CBDC, CBDCs, Central Bank, Central Banks, cross border, Digital Currencies, Digital Currency, digital euro, Euro, Experiment, Finance, innovation hub, international settlements, project, Project Jura, Settlements, SNB, Swiss franc, Swiss National Bank, Test, Testing, Trial 0 Comments
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private......
[Continue reading...]

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand

By November 28, 2021 Blockchain, Buyers, collect, Crash, Crypto, crypto stamp, crypto stamps, Crypto Valley, Cryptocurrencies, Cryptocurrency, Exchange, Inacta, initiative, launch, launch day, News, online shop, Online Store, Postal Service, project, sale, Stamp, stamps, swiss, Swiss Post, Switzerland, trade, Zug 0 Comments
Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative......
[Continue reading...]

Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

By September 16, 2021 CBDC, CBRT, Central Bank, collaboration platform, Currency, Development, Digital Currency, digital lira, digital Turkish lira, fiat currency, infrastructure, Lira, News, Payments, pilot, project, Research, stakeholders, technologies, technology, Testing, tests, Turkey, Turkish, Turkish Lira 0 Comments
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of......
[Continue reading...]