Japan Readying to Launch Digital Yen: Gearing up for Global CBDC Initiative

Japan Readying to Launch Digital Yen: Gearing up for Global CBDC Initiative

The digital currency has experienced a meteoric rise in popularity, especially since its introduction to the international markets. The potential of this innovative monetary system is unparalleled and several countries are actively seeking ways to capitalize on it. A new country has now entered the initiative to capitalize on this potential currency. Tech hub Japan…

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Chinese officials give residents $26 million in CBDC as a present to welcome the Spring Festival

Chinese Officials Give Residents $26 million in CBDC as a Present to Welcome the Spring Festival

On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…

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