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Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency
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Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

Coinbase Takes a Step Further into the Japanese Crypto Market
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Coinbase Takes a Step Further into the Japanese Crypto Market

Coinbase has been licensed in Japan since 2019, and has registered as second-class members of the Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory organization for the crypto industry in Japan.

Philippines Central Bank Considering Issuing its own CBDC
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Philippines Central Bank Considering Issuing its own CBDC

The Central Bank of the Philippines has inaugurated a committee to understudy CBDCs based on technical feasibility and policy implications

Bank of Canada Says CBDCs Have Inherent Risks in New Study
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Bank of Canada Says CBDCs Have Inherent Risks in New Study

A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users

Japan May Take Several Years To Issue a CBDC says Former BoJ Executive
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Japan May Take Several Years To Issue a CBDC says Former BoJ Executive

Hiromi Yamaoka, a former executive of the Bank of Japan believes the central bank will need several more years before it can issue its proposed CBDC.

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank
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Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

Bank of Japan Now Considers its CBDC Project a Top Priority
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Bank of Japan Now Considers its CBDC Project a Top Priority

A review of the recent uptick in activities and as confirmed by a Bank of Japan’s senior official, Japan now considers its CBDC project a top priority

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US
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Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.

BITWORK alliance with BINARYSTAR, ultimately creating a greater knowledge hub and Blockchain Community between Hong Kong & Japan
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BITWORK alliance with BINARYSTAR, ultimately creating a greater knowledge hub and Blockchain Community between Hong Kong & Japan

BITWORK, the Blockchain community pioneer headquartered in Hong Kong is proud to announce their new strategic partnership with BINARYSTAR, is a renowned company operating Blockchain businesses and community in Japan.

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity
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South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no immediate plans to launch a CBDC, however, the pilot program will allow the central bank to be prepared in the future if the changing market conditions require its issuance.

KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan
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KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan

Big Four audit firm, KPMG has announced that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. The platform leverages on emerging technological innovations, such as blockchain and internet of things sensors (IoT), as well as analytics and data tools.

SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam
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SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam

SBI Ripple Asia recently announced that it has joined hands with SBI Remit to provide money transfer services between Japan and Vietnam using blockchain technology. Of course, the two Japanese companies are working with a local Vietnamese bank – Tien Phong commercial joint stock bank – for making the transfer in fiat currency.

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