All by tag: CBDC

With its help, it is possible to protect the financial system of the republic from sanctions

Several global banks will participate in the testing of the network

The bank’s representatives noted that CBDCs could revolutionize global financial systems

The transaction was carried out using the Soochow Securities payment application

The regulator has not yet decided which technology is best for the asset

Moderators of the project’s Telegram channel cited the current market conditions and seasonal factors as the reasons for the delay

The integration of the national digital currency will take place in stages from 2023 to 2025

Industrial application of the service may begin at the end of 2023

Individuals and businesses can now cash out $45 a day and $225 a week from ATMs

The tests will begin in four cities across the country and later expand to other regions

The project will also explore the benefits of implementing smart contracts in the financial system

The head of the regulator shared plans for the further development of CBDC in China