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China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program


The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...

Spanish City Lebrija Launches Local Virtual Currency ‘Elio’


The city council of Lebrija has created a virtual currency ‘Elio’ that can only be used for payments made to small and medium businesses, according to a report by Diario de Sevilla. Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources

2021 Trends in CBDCs: More Pilots, Maybe Some Launches, But Not For Retail


The more the price of bitcoin (BTC) rises, the more institutions and corporations become interested in this most popular cryptocurrency. However, the same relationship doesn’t seem to hold for central banks and governments: instead, the more the price of bitcoin rises, the more central banks...

Japan Gearing Up to Launch Its Own Digital Currency: Report


Japan is gearing up to launch a digital currency in both the public and private sectors as it trails China, which is in the trial stage of launching its own. Read more: Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group

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