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Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development
bank of lithuania

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive
bank of lithuania

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

List of Important Resources on Central Bank Digital Currency (CBDC)
bank of lithuania

List of Important Resources on Central Bank Digital Currency (CBDC)

Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.

Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot
bank of lithuania

Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot

The Chinese central bank, People’s Bank of China has recently approved the city of Chengdu to carry out fintech innovation supervision pilots.

Bank of Japan to Launch CBDC Proof-of-Concept in 2021
bank of lithuania

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.

Bank of Japan Wants to Hear From Public About Digital Yen Development
bank of lithuania

Bank of Japan Wants to Hear From Public About Digital Yen Development

The head of Bank of Japan (BOJ)’s payments and settlement systems department, recently said that the Central Bank was seeking public opinion on the digital yen.

Bank of Japan Testing Digital Yen CBDC
bank of lithuania

Bank of Japan Testing Digital Yen CBDC

The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible
bank of lithuania

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

Bank of America Plays Ripple Project Close to Chest
bank of lithuania

Bank of America Plays Ripple Project Close to Chest

Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report
bank of lithuania

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public
bank of lithuania

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public

Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
bank of lithuania

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

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