China launches digital yuan (e-CNY) wallet pilot on android and iOS platforms
The Chinese government have launched a pilot trial for its digital Yuan (e-CNY), the wallet feature is currently available to both android and iOS devices. The pilot version will be available for download by users and also learn how it works. On the Android and iOS platforms, China has launched a digital wallet prototype for […]
Bank of Jamaica successfully completes CBDC Pilot Project
As reported by Jamaica Information Service, the Bank of Jamaica has successfully completed the CBDC pilot project which began in March 2021. The Bank of Jamaica stated in March 2021 that it was developing a prototype central bank digital currency in its Fintech Regulatory Sandbox with vendor eCurrency Mint Inc. This was followed by the […]
HSBC and IBM reports positive results on the pilot run of a multi-ledger CBDC
HSBC and IBM have successfully tested an advanced token and digital wallet settlement between CBDCs, the interoperability of the multi-ledger across platforms will help to save time, reduce market risk and improve security. The successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud […]
Ukrainian bank Tascombank uses Stellar to test electronic hryvnia
One of Ukraine’s oldest commercial banks, Tascombank, has initiated a trial initiative to issue an electronic hryvnia on Stellar. The project is being carried out with the support of the Ministry of Digital Transformation and under the supervision of the National Bank of Ukraine . Oleksandr Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, stated, “This […]
Kazakhstan is still undecided about its CBDC launch
Kazakhstan, instead of creating its own digital currency is concerned about the development of CBDCs abroad, although the country continues to investigate the possibility of a central bank digital currency (CBDC). Governor Erbolat Dossayev of Kazakhstan’s National Bank announced the completion of a prototype of a digital tenge platform, according to a report by local […]