Mastercard and Island Pay Expand Sand Dollar Usage in the Bahamas
Mastercard, in association with Island Pay is rolling out prepaid cards for the World's first CBDC, the Bahamian Sand Dollar.
CBDC
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China’s Digital Yuan Trial Expands to Chengdu with $4.6 Million Airdrop
According to a local media, the capital of Chinese province of Sichuan, Chengdu will launch another significant trial for digital yuan in January.
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Stephen Harper on Bitcoin and CBDCs: A Potential Role in Reserve Currencies
Stephen Harper, the former Canadian Prime Minister observes Bitcoin as a unit of account and medium of exchange but not as a storehouse.
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Donald Trump Bans Alipay and Other Chinese Apps: What It Means for U.S.-China Relations
The outgoing Trump administration passes an executive order banning transactions with eight Chinese software applications including Alipay.
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Swedish Banks Raise Concerns Over E-Krona Digital Currency Impact
The Swedish banks emphasized that moving the nation to a digital currency dependent economy, thus expressing concerns over E-krona CBDC project.
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Ukraine Partners with Stellar Foundation for CBDC Development
In order to develop Ukrainian Central Bank Digital Currency, Ukraine's Ministry of Digital Transformation collaborates with Stellar Foundation.
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Shenzhen Launches $3 Million Digital Yuan Giveaway to Residents
China's popular city, Shenzhen, declared that its residents would receive 20 million digital yuan as a gift to trial the CBDC.
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Turkey Joins the Race for CBDC Development, Testing Slated for 2021
The Turkish government is actively concentrating on the establishment of central bank digital currency in 2021, surpasses other nations in the CBDC race.
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China’s Digital Yuan Test Expands with Major Internet Giants Participating
In a latest report, China's internet giants, DiDi, Meituan and Bilibili are backing the experimentation of digital yuan test in Suzhou.
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Reserve Bank of Australia Partners to Explore Wholesale CBDC Using Blockchain
The Reserve Bank of Australia (RBA) has taken a significant step in the exploration of blockchain technology by announcing a partnership with major.