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China Set for Huge Expansion of Digital Currency Pilot


The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance. Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...

Tourist Hotspot’s Bitcoin, Ether, Altcoin Pay Pilot in Full Swing


Haeundae beach. The company behind a crypto pay pilot program at two of South Korea’s busiest beaches said that it believes token-powered payments could be set to change the way people in the country pay for goods and services. As previously reported, the pilot project is being run by...

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,...

Chinese Blockchain-powered Cross-border Trade Pilot Handles USD 4.4bn


Operators of a Chinese blockchain-powered cross-border trade pilot platform are set to expand the platform’s scope – with multi-million dollar trade deals now being conducted in a key testbed area. Per Haiwainet, the central government is testing the efficacy of the network in the Guangdong-Hong...

Digital Yuan Set for Real-world Ride Sharing Pilot with Apple-backed Didi


China’s digital yuan launch appears to be inching yet closer to rollout after reports in the Middle Kingdom surfaced linking a ride-share operator with pilots for the new central bank-run token. Per Beijing Business Today and Bloomberg, a digital currency unit of the central People’s Bank of China...

Japan’s Central Bank to Begin Digital Yen Feasibility Pilot


The central Bank of Japan (BoJ) will conduct a controlled pilot for a central bank digital currency (CBDC) to see how a digital yen would function from a technical standpoint. The BoJ said it will begin a Proof-of-Concept (PoC) and wants to test the digital fiat in a controlled environment before...

‘400 Companies’ to Use Chinese Blockchain Pilot Zone + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Some 400 companies are participating as Guangzhou, in Guangdong Province, launches China’s first blockchain pilot...

Unicef Funding Startups With Cryptocurrency for Covid-19 Relief


The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating...

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