China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workerswages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the

Prüfbericht: Chinese Company Launches Digital Currency Insurance Product

The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency

Hongkong stellt Prototyp für digitale Währung vor, Projekt Gold

Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the Peoples Bank has been stepping

Nepal bereitet die Ausgabe digitaler Währungen vor, Entwürfe Notwendige Änderungen

Eine Task Force in Nepal hat gesetzliche Änderungen vorgeschlagen, die das Land erlauben’s Zentralbank zur Ausgabe einer eigenen digitalen Währung. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the

Die digitale Währung der chinesischen Zentralbank hat jetzt 261 Millionen Benutzer — $14 Milliarden in digitalen Yuan-Transaktionen getätigt

China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the Peoples Bank of China (PBOC). Außerdem, transactions worth 87.5 billion yuan ($13.78 Milliarde) have been made using the digital yuan and

Chinas digitale Yuan-Wallet-App jetzt in iOS- und Android-App-Stores

China’Die Zentralbank hat vor den Olympischen Winterspielen ihre digitale Wallet-App veröffentlicht. Die Wallet-App für den digitalen Yuan, auch bekannt als e-CNY, kann jetzt in den iOS- und Android-App-Stores des Landes heruntergeladen werden. Digital…