Category: tests

Central Bank Of Turkey Expands Research, Prepares To Test Digital Lira On New Platform

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will…

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…

China Offers Medics Digital Yuan Insurance Policy For Covid-19

China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered…

Over 3,000 ATMs In Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds…

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…

US Pharmacy Chain Pharmcorx Accepts Cryptocurrency For Fast Covid Testing

Progressive Care, a company that operates a chain of pharmacies in the United States, has announced it’s now accepting cryptocurrency for its Covid-19 rapid testing services. Customers are welcome to…

Bank Of Russia Tests Services Related To Cryptocurrencies

Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens…