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Nalezeno "Digital Token": 46

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil


Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using...

Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program


The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with the current investigation on a possible digital euro, and has...

Digital Token Issued In Russia to Facilitate Investments in Palladium


Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital...

Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success


Source: Adobe/Игорь Головнёв Japan’s Kansai Electric Power and crypto exchange DeCurret said that a recent “digital token”-powered, blockchain-based payment pilot was a success – and could be used for settlements in peer-to-peer (P2P) electricity transactions. Per a press release from DeCurret,...

SBI Launches ‘Digital Token Issuance Platform’ on Corda Blockchain


Japanese financial giant SBI Holdings has unveiled a platform that will allow companies and regional government bodies to issue “digital tokens” using the American firm R3’s Corda blockchain network. The company said its platform is named S Coin, per an official statement. The solution, it said,...

Japan’s Biggest Bank to Launch Digital Token Before End of FY2020


The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO. Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced no shortage...

East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan


Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project. Per Seoul Daily, 10 members of the National People's Congress – the biggest and most powerful...

Can a USD Digital Token Help Save the Primacy of Standard Currency?


What in your opinion is Bitcoin and cryptocurrencies? Many, in common parlance, will answer that Bitcoin and cryptocurrency is digital and virtual money. While, on the other hand, Treasury Secretary Steven Munchin with others at the US Senate this week pointed at the future of the US Dollar....

LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform


Source: Adobe/S_E South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic. Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...

CODEO Introduces Digital Token by Using Ethereum ERC 20 Technology


CODEO, a decentralized peer-to-peer system, has entered into a new digital payment era by providing fast and secure transactions. CODEO introduces a digital asset using the blockchain technology that allows a user to make payment and investment in CODEO tokens. Archidax is well-known crypto...

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