Digital Dollar Foundation And Accenture To Test US CBDC In 2021
Fortune 500 company Accenture has now teamed up with Digital Dollar Foundation to do Central Bank Digital Currency (CBDC) trials in the US. Five pilot programs are set to gather ...
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Tag: CBDC
China’s Tech Giants Push For Digital Yuan Adoption
While many central bank executives in the West like Christine Lagarde and Jerome Powell seem to be postponing the subject of central bank digital currencies (CBDCs), China is making considerable ...
Digital Yuan will not overthrow US Dollar, SEC Commissioner Affirms
China’s advancement in launching a CBDC has created panic of the digital yuan destabilizing the US dollar. However, a commissioner of the SEC has affirmed that the dollar will remain ...
Decentralization Believed To Be The Final Frontier For The CBDCs
As the central bank digital currencies (CBDCs) continue to gain mainstream adoption and traction across the world financial landscape in recent years, nearly all central banks are now actively researching ...
ConsenSys To Create Private Version Of Kakao’s Klaytn Blockchain
Ethereum software firm ConsenSys has now created a technical partnership with Kakao’s Klaytn blockchain. This partnership comes with a view of setting up a private platform for the issuance of ...
Top China Banks Endorse Digital Yuan Over Local Payments Firms For Shopping Festival
Some of China’s biggest state banks are now actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers WeChat Pay and Alipay. ...
Central Bank of Norway Plans to Test CBDC in 2 Years
Norway, through its central bank, has been researching digital currencies for the past four years. Its central bank is now expected to start a testing phase for a CBDC in ...
Asia-Pacific Introduces Solarized Digitalization Agenda In Pandemic Period
The role of digitalization has now become integral to achieving sustainability and mitigating climate change amid the COVID-19 pandemic. The Asia Pacific Adaptation Network and the Ministry of the Environment ...
Norway To Kick Off Digital Currency Tests After 4 Years’ Research
Norges Bank, the Norwegian central bank, is expected to test different technical solutions for a central bank digital currency (CBDC) after around 4 years of research. The bank said that ...
Britain Needs A Digital Pound – Experts Explain
One of the contributors to the Bank of England's preliminary central bank digital currency (CBDC) research tells the reasons why a digital pound is important in the United Kingdom. The ...