Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank of Australia Teams Up With … Read more

Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test

A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed to show the digital currency’s carbon footprint would be … Read more

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the Swiss crypto valley. Central Bank and Crypto Company Conduct Successful CBDC … Read more

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. European Central Banks to Collaborate on CBDC Project The Swiss National Bank (SNB), … Read more

Testing the Noncustodial Button Wallet With BCH Over Telegram Messenger

Users of the Telegram-infused cryptocurrency Button Wallet can now purchase digital assets through its partnership with the payment processor Wyre. Button Wallet allows users to store, send, and receive cryptocurrencies like BCH, ETH, BTC, LTC, and ETC through the Telegram messaging app. The following is an in-depth review of my experience using Button Wallet after … Read more

Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions

A Tokyo Stock Exchange-listed company has built a cryptocurrency settlement platform for real estate transactions. The firm has tested the platform using BTC and smart contracts for property sales and has released its findings; many benefits were observed over the traditional method. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTC and … Read more

Japan’s Largest Bank Experiments Using Own Crypto at Convenience Store

Mitsubishi UFJ Financial Group, one of the world’s largest financial groups, has been experimenting with using its own cryptocurrency, the Mufg coin, for payments at a convenience store for employees. This week, a local publication reported on the progress of the experiment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Payments at Convenient Store Mitsubishi … Read more

A Look at What It Was Like to Operate the Lightning Network’s Largest Node

About two weeks ago news.Bitcoin.com reported on one guy who controlled the Lightning Network’s (LN) biggest node when he commanded 49 percent of the total funds held within the network. Since then, Andreas Brekken, the owner of the blockchain review website Shitcoin.com, wrote four reviews about his node that held 35.24 BTC and his daily … Read more

Satoshi’s Place Is Grabbing Everyone’s Attention

The past few days have been riddled with pretty disheartening price movements, as global cryptocurrency markets have declined by 20% since last week. However, these movements are not indicative of the growing progress in the space. If your attention hasn’t been totally consumed by the markets, you likely have heard of one of the newest … Read more