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Central Bank

Crypto News
April 10, 2021

How the digital yuan stablecoin impacts crypto in China: Experts answer

This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan project —…

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Crypto News
April 9, 2021

Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor

The governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies. In an interview with CNN reporter Julia Chatterley on…

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Crypto News
April 9, 2021

Sri Lanka’s central bank warns public against risks of crypto investment

Sri Lanka’s central bank has taken the 2021 crypto bull market as an opportune time to warn the public against the risks associated with cryptocurrency investments. In a public notice published on Friday, the Central Bank…

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Crypto News
April 7, 2021

Sweden’s central bank completes first phase of digital currency pilot

After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee and kanelbullar with e-krona. In a recent study, Sweden’s central bank…

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Crypto News
April 5, 2021

Bank of Japan begins first digital currency proof of concept

The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday. Following initial preparations to test the technical feasibility of core…

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Crypto News
April 2, 2021

Bank of Thailand to begin central bank digital currency tests in 2022

The Bank of Thailand has set its agenda for a retail central bank digital currency, with preliminary testing protocols scheduled to begin in Q2 2022. Thailand’s central bank made this known in a press release…

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Crypto News
March 31, 2021

Digital euro could take four years, says ECB president Christine Lagarde

It could be a while before European Union gets a central bank digital currency, if it gets one at all. In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex…

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Crypto News
March 29, 2021

Bahamas' Sand Dollar nears commercial rollout as interoperability completed

The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the week. A recent statement released…

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Crypto News
March 26, 2021

Jamaica's central bank taps Irish tech outfit for CBDC project

Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency. According to a press release by the Bank of Jamaica on Tuesday, eCurrency Mint, a cryptography security company specializing in…

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Crypto News
March 26, 2021

China’s digital yuan is backup to AliPay and WeChat Pay, says official

China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank of China. Mu…

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