Search Results for: digital currency

European Central Bank is continuing digital currency research

January 9th, 2020 (0)
ECB Prez Christine Lagarde Says Central Bank Digital Currency Could Have Major Implications for the Financial Sector In her first public remarks of the new year, European Central Bank President Christine Lagarde affirms that the ECB is continuing to ...

France to test its Central Bank digital currency in Q1 2020: Official

December 5th, 2019 (0)
The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France, announced that the bank will start testing the digital ...

China prepares to launch its own digital currency as Facebook’s Libra languishes

November 13th, 2019 (0)
China is moving closer to releasing the world’s first government-backed digital currency. Li Wei, the head of technology for the People’s Bank of China, the central bank, said on Monday that commercial banks should increase their use of blockchain ...

The tiny nation that is creating its own digital currency

September 12th, 2019 (0)
An isolated island nation in the Pacific Ocean with a population of about 75,000 continues to break ground in the cryptocurrency space. The Marshall Islands is proceeding with the creation of a blockchain-based national currency, the Marshallese sovereign or ...

China’s new digital currency

September 9th, 2019 (0)
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...

Lebanon prepares to launch digital currency

December 7th, 2018 (0)
Lebanon’s Banque du Liban governor, Riad Salameh, said that preparations were underway to issue a digital currency in the Lebanese pound, to be used locally only. In comments made at the opening of the Anti-Cybercrime Forum in Beirut, Salameh ...

Leading Japanese shipping line to introduce its own digital currency

November 22nd, 2018 (0)
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said. The goal is to make it easier for seafaring workers to manage, send and ...

The formation of the Digital Currency Trade Association announced

November 5th, 2018 (0)
The Digital Currency Trade Association (DCTA) has launched a membership trade association focused on the new digital asset economy. The DCTA is organized as a “business association” under IRS tax law 501(c)(6) and the goal is to organize and ...

Iran seeks to introduce a digital currency

July 26th, 2018 (0)
Iran is working on a digital currency as a solution to the re-imposed U.S. sanctions, Press TV reported Wednesday. A plan to create an indigenous crypto-currency was already on the agenda of the Directorate for Scientific and Technological Affairs ...

Australian tourist town has declared itself the first “digital currency town”

June 7th, 2018 (0)
Agnes Water, a tourist town located in central Queensland, Austrailia has become one of the first locations to accept digital currency. In a collaboration with TravelByBit (a start-up company native to Queensland) one town hopes to increase the flow ...
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