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Tag: CBDC

China Offers Medics Digital Yuan Insurance Policy for Covid-19

July 21, 2021 wp-bot Bitcoin News

China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed

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US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics

July 21, 2021 wp-bot Bitcoin News

Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing

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Digital yuan pilots expand to insurance industry for the first time

July 21, 2021 wp-bot Cointelegraph

China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to

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Study suggests Canadian CBDC could promote digital innovation within the country

July 20, 2021 wp-bot Cointelegraph

The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction fees from debit and credit

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Bank of Korea selects Kakao’s blockchain arm for digital won tests

July 20, 2021 wp-bot Cointelegraph

ConsenSys, a major Ethereum software company, will also contribute its technology to South Korean CBDC simulations led by Ground X.

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US lawmakers don’t want Olympic athletes to use digital yuan at 2022 games

July 19, 2021 wp-bot Cointelegraph

Three senators urged the Olympic committee to work with federal agencies “to protect the privacy of American athletes from the Chinese Communist Government.”

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