The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon.According to a report by the Iranian Labour News Agency, the CBI vice governor said that CBDCs could help the country resolv financial inconsistencies. The development of a sovereign digital currency in Iran began in 2018 at the Informatics Services Corporation — … [Read more...] about Iran to reportedly pilot central bank digital currency soon
Pilot
China’s central bank releases pilot version of digital yuan wallet
As China's central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores.The People's Bank of China (PBOC) digital currency research institute developed the "e-CNY (Pilot Version)" app, which was available for download on Chinese Android and Apple app stores on Tuesday in … [Read more...] about China’s central bank releases pilot version of digital yuan wallet
Jamaica Completes CBDC Pilot, Expects Rollout Later This Year
The rollout will see a continuation of onboarding existing customers and new customers, allowing two additional wallet providers, who are currently conducting testing, to distribute CBDCs to their customers, and the testing of transactions between customers of various participating wallet providers. Source link … [Read more...] about Jamaica Completes CBDC Pilot, Expects Rollout Later This Year
Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program
Starting on Dec. 14, Gemini will allow a select group of Bancolombia’s users to trade bitcoin, ether, litecoin and bitcoin cash through an on-and-off-ramp, Cynthia del Pozo García, Gemini’s principal of strategy and corporate development, announced on Monday. Source link … [Read more...] about Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program
Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report
The Central Bank of Brazil (BCB) plans to launch a pilot of a digital currency (CBDC) by 2022, BCB President Roberto Campos Neto said on Friday, local media outlet Estadao reported.In September, the BCB told the Brazilian Senate that it planned to launch the final version of a digital real in 2024, according to estimates made by Fabio Araujo, an economic advisor to the BCB, who … [Read more...] about Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report