The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said.
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Bank of Israel Drafts Model of a Digital Shekel
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a
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Israel’s central bank floats possible digital shekel with new action plan
The bank has been exploring the introduction of a CBDC since 2017.
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China’s Digital Yuan Smart Card to Feature Biometrics and Fingerprint Scanning
The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment”
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Bank of Russia Tests Services Related to Cryptocurrencies
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank
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Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National
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