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China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China has been charging full speed with its digital currency development plans shortly after Facebook revealed its Libra stablecoin project.

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.

Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group

Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group

Ping An Insurance and the Shenzhen Taxation Bureau in China signed an agreement to start using blockchain, artificial intelligence (AI), big data, cloud computing, and other technologies to develop a management platform for taxation for all types of taxpayers in the Greater Bay Area.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance

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