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Tag: CBDC

Ripple Makes Private Blockchain for Building Central Bank Digital Currencies

The new CBDC Private Ledger is being developed with high throughput and interoperability as its main priorities, said Ripple.

Market Roundup: Bullish Bitcoin Finally Breaks $50,000

Bitcoin has finally managed to climb above the $50,000 mark and hold the area on multiple time frames. The token saw an impressive pump of over 10% on Wednesday, as the coin climbed to $52,600. It hit a new two-week high before seeing a slight correction, which is still holding over the vital support line … Continued

The post Market Roundup: Bullish Bitcoin Finally Breaks $50,000 appeared first on BeInCrypto.

Ripple launches pilot private ledger for central banks’ CBDC

Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currenc

The post Ripple launches pilot private ledger for central banks' CBDC appeared first on AMBCrypto.

Biggest Digital Yuan Trial to be Rolled Out in Chengdu, China

TD;LR Breakdown China begins massive digital Yuan allocation in Chengdu. Chinese Digital Yuan becomes the leading CBDC. Digital Yuan, not a threat to other centralized digital payment platforms according to PBoC. The People’s Bank of China (PBoC) has announced that it will begin the roll out of its digital currency in Chengdu, China. This is […]

Stablecoin News for the week ending Wednesday 3rd March.

Who are the innovation leaders? Here is our pick of the 3 most important Stablecoin news stories during the week. As we enter this new age...

China to Launch Biggest Digital Yuan Trial in Chengdu

China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency (CBDC). It had earlier announced the commencement of trials for its digital yuan. The government gave out digital yuan to citizens as part of the test, encouraging retailers to accept it as a payment medium. After completing the initial … Continued

The post China to Launch Biggest Digital Yuan Trial in Chengdu appeared first on BeInCrypto.

Bullish: Citi Claims Bitcoin is “At The Tipping Point” to Become Mainstream

Bitcoin

Citigroup, one of the big four financial institutions in the United States, has recently published a report titled “Bitcoin: At The Tipping Point” in which the organization claims that cryptocurrencies are ready to become mainstream. The report was officially published on March 1st at a time when companies like Tesla, Paypal, Twitter, and Mastercard have [...]

The post Bullish: Citi Claims Bitcoin is “At The Tipping Point” to Become Mainstream appeared first on Blockonomi.

SORAMITSU wins FinTech & RegTech award for pioneering payment system

  Instant digital payments are becoming a global norm. What does this mean for  emerging economies? How can central banks harness the benefits of...

Russian Is Cautious About Cryptocurrency; Prefers Centralized CBDC

The digitalisation of the financial industry and the economy at large as well as the development of fintech increased public demand for cryptocurrency and advanced payment methods in Russia. However, the position of the country on cryptocurrency is still not clear.

Researchers at McGill are Reportedly Working on Potential Design for Bank of Canada Virtual Currency or CBDC

The research team at McGill is reportedly collaborating on the potential design for the new Bank of Canada digital currency. Professors Katrin Tinn...

Ancient 100 BTC Moved For The First Time Since 2010 (Feb. 25, 2020)

Plus Nvidia expected significant revenue from its Ethereum mining hardware.

The post Ancient 100 BTC Moved For The First Time Since 2010 (Feb. 25, 2020) appeared first on BitPinas.

Fed’s Eric Rosengren expects Bitcoin to come under pressure

Bitcoin surged to a fresh all-time high of $56,425 earlier today and its market cap crossed $1 trillion for the first time in...

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