Search Results for: pilot project

Grandes granjas de criptominería enfriadas por inmersión para extraer Bitcoin en el desierto de Medio Oriente

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A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (Emiratos Árabes Unidos). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

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

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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. Hiperledger Besu, the open-source platform elected for the tests, will allow the…

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

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The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over…

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…

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

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Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble…

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

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The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to…

Hong Kong presenta prototipo de moneda digital, proyecto oro

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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…

Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation

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The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also…

Banco compra Bitcoin en Kazajstán, País para desarrollar intercambio de criptomonedas

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Una institución financiera y una plataforma de comercio de monedas en Kazajstán se han unido para llevar a cabo lo que dicen es el país.’La primera transacción conjunta de este tipo para la adquisición de criptomonedas.. Mientras tanto, Kazajstán’s leadership has declared readiness to further develop crypto…

China ampliará las pruebas de yuanes digitales en ciudades piloto a nivel provincial

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Porcelana’El banco central del país tiene la intención de ampliar el área cubierta por las pruebas de su moneda digital yuan en cuatro regiones del país.. Un alto representante de la autoridad monetaria anunció la medida al tiempo que destacó que el Pueblo’s Bank has been stepping…