Wed, April 9

Central Bank of Bahrain Collaborates With JPMorgan and Bank ABC

The Central Bank of Bahrain collaborates with JPMorgan and Bank ABC. To introduce a cross-border payment solution on digital currency immediately. The new partnership includes the company’s digital currency-based division Onyx. On May 11, 2021, the Central Bank of Bahrain announced officially that it collaborates with JPMorgan and Bank ABC,

May 13, 2021 2 mins read

Chinese Postal Savings Bank Tests a Hardware Wallet for Digital Yuan

-Chinese Postal Savings Bank has created a biometric hardware wallet for digital yuan payments.-Moreover, the biometric hardware wallet enables easy identity verification for users.-Recently, the Xiong’an branch of the Chinese Agricultural Bank also developed a hardware wallet for the digital yuan. The Postal Savings Bank of China has created a

February 17, 2021 2 mins read

Bank of Korea Publishes Book on CBDC’s Legal Issues

-South Korea’s central bank has published a book on legal matters. -Bank of Korea used blockchain technology to manage the transactions in its 22-month long CBDC pilot program.-Moreover, amplification of existing economic inequalities due to “gaps in digital information.” South Korea’s central bank has published a book on legal matters. However,

February 8, 2021 2 mins read

Line Launches Central Bank Digital Currency (CBDC) Platform

LINE, a Japanese messaging giant is building a platform for developing central bank digital currencies (CBDC), as per the report by South Korean news agency the Chosun Ilbo.  CBDC is the cryptocurrency issued directly by central banks to replace real fiat currency. It is generally different from cryptocurrencies such as

October 20, 2020 1 min read