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WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot

6.1.2022
  Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...

Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too

6.1.2022
  Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected. At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...

Polish Banks Mull CBDC, Cryptoasset Projects

5.1.2022
  Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its...

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...

Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

4.1.2022
  China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country.... Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’

4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...

Sberbank Launches First Blockchain ETF in Russia

2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...

Mexico Announces It Will Issue Its Own Digital Coin by 2024

1.1.2022
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for...

Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading

30.12.2021
Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan...

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