The People's Bank of China recently announced that it will expand the digital currency pilot program to four other provinces in the Asian nation.
Information published by local media indicated that the deputy governor of the financial institution, Fan Yifei, indicated at an event that the bank…
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digital currencies
Australia to explore use cases for CBDC
The Reserve Bank of Australia (RBA) announced that it will conduct a pilot program to explore the use cases and potential economic benefits for central bank digital currencies (CBDCs).
This program will be carried out by the Digital…
The US Treasury highlights the importance of CBDC
The US Treasury's Bureau of Financial Research recently indicated that central bank digital currencies (CBDC) can increase the stability of the banking system.
The institution's researchers indicated that in difficult times, clients often…
El Salvador will mine bitcoin with solar energy
In the north of El Salvador, in the Department of Chalatenango, the first private bitcoin mining farm will be carried out, which includes the construction of a 6 megawatt (MW) photovoltaic solar power plant to generate digital currencies…
Crypto ATMs will be installed in US Hispanic supermarket
The largest chain of Hispanic supermarkets in the United States, Cardenas Markets, reported that it plans to install crypto ATMs in its stores to offer its users the possibility of buying and selling 50 digital currencies using cash.…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Japan passes stablecoins bill
The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of…
65 % of Argentines willing to use cryptocurrencies
A market investigation carried out by Coinspaid revealed that 65 % of Argentines say they are willing to use cryptocurrencies as a means of payment in different types of physical stores. The study was carried out between the months of March…
China continues to test the digital yuan
The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community.
These coins will be accepted in at least five thousand stores, with no minimum purchase required to be…
Bitcoin recorded seven consecutive weeks of losses
Bitcoin, the cryptocurrency with the largest market capitalization, has registered losses for seven consecutive weeks, which has become a new historical record for the cryptocurrency in the midst of an increasingly complex market due to the…
Brazil will launch its CBDC this year
The president of the Central Bank of Brazil, Roberto Campos Neto, reported that the pilot program of a digital currency issued by the institution will be applied this year.
As indicated by the president of the entity, this is expected to…
European Parliament rejects the ban on PoW mining
The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law…