IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
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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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Indian IT giant Tech Mahindra to launch stablecoin tool for banks
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January.
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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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Digital euro could take four years, says ECB president Christine Lagarde
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
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PayPal to start letting US customers pay in Bitcoin at global merchants
A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed.
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