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Tag: Digital Money

Digital Yuan Can Now Be Used to Pay for Electricity Bills

China's e-yuan Digital Currency Part of Concerted 2020 Fintech Push
China's e-yuan Digital Currency Part of Concerted 2020 Fintech PushThe digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. According to Economic Information Daily, a local financial media outlet, a
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Stablecoin News for the week ending Wednesday 21st July.

Oh just FUD it for a while and see what happens! Here is our pick of the 3 most important Stablecoin news stories during the...

CBDCs: Still a Work in Progress, Why?

The boost in the development of the digital economy in lieu of the pandemic has created a higher demand for central bank digital currencies (CBDCs).

Cadoo gets $1.5M to gamify fitness with betting challenges

Cadoo, a US-startup that’s gamifying fitness by turning it into a betting opportunity, using the prospect of winning (or losing) cold hard cash...

CBDCs Could Bring Economic Growth to Israel and Palestine

@hughharsonoHugh Harsono Hugh writes about cyberspace, digital currencies, economics, foreign affairs, and technology. Central bank digital currencies (CBDCs) utilize technologies to digitize a...

Finance Trends Towards Digital Transactions: Western Union saw digital money transfers grow by 38%

@rajurathorerajurathoreraju rathore is a professional blogger.The global pandemic COVID-19 accelerated many trends that were already in motion. One particular trend that saw significant...

Is it worth investing in Stable Coins?

Stablecoins in the banking business has recently received considerable attention. However, you must know all the upsides and downsides of Stablecoins before putting your bets on stable coins.

The post Is it worth investing in Stable Coins? appeared first on PrimaFelicitas.

EU’s new MiCA regulation may add an “Elon Musk” clause

It has been a controversially bullish year for cryptocurrencies. The world has either been adopting or applying strict regulatory policies to the digital money market of crypto. Latin and North American nations have shown their faith in cryptocurrencies, whereas several nations in Asia have turned their backs to crypto.  European Union’s Digital Finance Strategy now

The post EU’s new MiCA regulation may add an “Elon Musk” clause appeared first on Coingape.

Virtual Banking: Bank Negara Malaysia Receives 29 Digital Banking License Applications, Up to 5 Will be Issued

Bank Negara Malaysia, the nation’s reserve bank, recently revealed that it received 29 different applications for a virtual bank license under the Financial...

China: New CBDC Trials Indicate Pivot toward Environmental Sustainability

Hardware wallet for Digital Yuan Launched in Xiongan
Hardware wallet for Digital Yuan Launched in XionganChina’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. Specifically, these pilots have been initiated in Chengdu and Xiong’an at a combined value of around $2.3 million. What sticks out about these trials
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