South China’s Hainan Province is set to run a two-week campaign later this month to promote digital yuan use among its residents. Digital Yuan Promo
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Digital yuan campaign planned for contested island in the South China Sea
Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.
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Sweden’s central bank completes first phase of digital currency pilot
The Sveriges Riksbank said that CBDC technology still requires further investigation.
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Bank of Japan begins first digital currency proof of concept
The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states.
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Bank of Thailand to begin central bank digital currency tests in 2022
Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years.
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Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China.
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