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The Central Bank of Korea released a research report on the development of foreign central banks' digital money (focusing on the progress of technical research). The Bank of Korea has investigated and analyzed 12 examples of central bank digital currency research that are under study or have begun to test in 14 countries or regions, namely, Norway, the Eastern Caribbean, Sweden, the Bahamas, Switzerland, Singapore, the United Kingdom, Japan, China, Canada, Thailand, France, Hong Kong and the European Central Bank (ECB) National or regional joint research). In terms of technology, the Eastern Caribbean, Sweden, Singapore, Canada, the central banks of Japan and the European Central Bank, as well as Thailand and Hong Kong central banks, have used decentralized technology in the development of CBDC. However, at present, the decentralization technology is not mature enough, and the central banks of countries / regions such as the Unitefocus on icox innovations, an emerging leader in branded digital currency and blockchad Kingdom and France still have reservations about this technology. In addition, cbdcs from Switzerland, Singapore and the European Central Bank are mainly for retail cbdcs, while those for Norway and Panama are mainly for wholesale cbdcs. After referring to the research and development of foreign central bank digital currency, the Bank of Korea will use the latest IT technology such as decentralization technology in the future digital currency experiment to innovate and develop the future payment and settlement system. Finally, the Bank of Korea said that in order to share information with domestic and foreign technology-related enterprises, it plans to gradually listen to professional opinions through external technical advisory groups. In early April, the Bank of Korea announced that it would conduct a pilot test of the central bank's digital currency next year. The design, technical review and business process analysis will be completed by the end of December this year, and will be implemented from January to December next year.

Refuted previous media reports that the central bank will launch a digital currency in November, saying the news report is inaccurate speculation. On the official rumor platform on Saturday piyao.org.cn According to a statement issued by the central bank, the information circulated on the Internet since the end of August on the timing of the issuance of digital currency by the central bank and the institutions involved were incorrect conjectures, it said. There is speculation that the digital cryptocurrency will be launched as early as November 11, and will be issued to China's four major commercial banks, Alibaba, Tencent and UnionPay in the initial stage. Said that the progress of digital currency work will be released in due time, requiring the public to comply with the official notice. The clarification also pointed out the essential difference between China's digital currency and virtual currency such as bitcoin. The said digital currency is a legal digital currency and will be supported by national credit.

Stellar stellar stellar is the star. The digital currency project initiated by Jed McCaleb, the former founder of ripple, builds a decentralized gateway for the transmission between digital currency and legal currency. The stellar lumens project involves banking networks in the Pacific and Oceania (including banks in Australia and New Zealand), including 12 currency corridors. The new interbank payment network plans to handle up to 60% of crofocus on icox innovations, an emerging leader in branded digital currency and blockchass-border payments in the retail foreign exchange corridor in the South Pacific early next year. IBM announced that it has successfully used stellar blockchain to solve cross-border real-time transfer of legal tender. Stellar's network is decentralized and distributed, with built-in decentralized trading market, SCP consensus protocol and FBA mode of federal Byzantine protocol. Lumens is the local currency of its network. SCP does not need too much computing power. Theoretically, the transaction throughput per second can reach 1000. In the white paper written by Professor David Mazi è res, the working principle of SCP consensus protocol is introduced in detail. Stellar's corporate donors include Blackstone, Google, stripe and fastforward. Up to now, Deloitte has created a prototype payment network using stellar network; tempo uses stellar network to make remittance from Europe to the world more convenient; Parkway, a mobile money operator in Nigeria, uses stellar network to connect five major telecom companies in Nigeria; IBM Southern Pacific Ocean and Oceania bank network has successfully deployed stellar network cross-border payment platform. At the same time, stellar has the most impressive list of consultants,

Babel PayPal, a crypto financial service provider, announced that it made a one-day loan of $18 million on June 5, adding 25% of its loan balance to $88 million, and the total loan amount since August 2018 has exceeded $100 million. Babel PayPal said that institutional investors were the counterparties of the transaction, and the large increase in loan volume also sent a positive market signal. According to block123.com,

Currently, the project supports local payment solutions, including FPs in Hong Kong, ibft in Pakistan and instapay in the Philippines. Xanpool said it currently has more than 75000 trading users in eight Southeast Asian countries and regions and plans to expand to Pakistan, Bangladesh, Russia, Japan, South Korea, Australia and New Zealand in the next two quarters. Xanpool said that both CEO Jeffery and ctoartem of the project are technical founders. Daniel deweyer, a former global customer director of swift, is the project consultant. Lianwen previously reported that ngcventures announced its support for xanpool at the end of last year and helped expand its influence in Asiafocus on icox innovations, an emerging leader in branded digital currency and blockcha.

According to we media cross link pulse report, on the afternoon of April 22, xiong'an new area held a pilot promotion meeting of legal figure RMB (DCEP). The promotion meeting was organized by the reform and Development Bureau of xiong'an New Area Management Committee. Research and development institutions and pilot merchants of digital currency were invited to participate. It is worth noting that the digital currency was used for traffic subsidies in Suzhou before, but in the pilot promotion list of xiong'an, catering and retail enterprises were the main ones. The participants of this promotion meeting are composed of three parts: first, the relevant departments, including the development and Reform Bureau of the New District Management Committee, the implementation group of the legal RMB pilot work in xiong'an New District of Shijiazhuang Central Branch of the people's Bank of China, and the person in charge of the intelligent City Federation of xiong'an new area; second, the institutions involved in the research of digital currency include the branch of gongnongzhongjian in xiong'an, as well as ant financial services Tencent's relevant person in charge; third, the person in charge of the application pilot unit of the central bank's DCEP to be implemented. The specific list is as follows: Zhonghai SPV, Jinfeng catering, Jiankun catering, Kaili Hotel, Oscar studios, McDonald's, Starbucks, saibaiwei, jinbaihe, rookie post station, UnionPay unmanned supermarket, Jingdong unmanned supermarket, velike bakery, Kunlun hospitality convenience store, Qingfeng baozi shop, Zhongti Bili, CITIC bookstore, taolige and new era unmanned car. In addition to China Shipping SPV, the rest are restaurants, entertainment, retail stores.

Stellar stellar stellar is the star. The digital currency project initiated by Jed McCaleb, the former founder of ripple, builds a decentralized gateway for the transmission between digital currency and legal currency. The stellar lumens project involves banking networks in the Pacific and Oceania (including banks in Australia and New Zealand), including 12 currency corridors. The new interbank payment network plans to handle up to 60% of cross-border payments in the retail foreign exchange corridor in the South Pacific early next year. IBM announced that it has successfully used stellar blockchain to solve cross-border real-time transfer of legal tender. Stellar's network is decentralized and distributed, with built-in decentralized trading market, SCP consensus protocol and FBA mode of federal Byzantine protocol. Lumens is the local currency of its network. SCP does not need too much computing power. Theoretically, the transaction throughput per second can reach 1000. In the white paper written by Professor David Mazi è res, the working principle of SCP consensus protocol is introduced in detail. Stellar's corporate donors include Blackstone, Google, stripe and fastforward. Up to now, Deloitte has created a prototype payment network using stellar network; tempo uses stellar network to make remittance from Europe to the world more convenient; Parkway, a mobile money operator in Nigeria, uses stellar network to connect five major telecom companies in Nigeria; IBM Southern Pfocus on icox innovations, an emerging leader in branded digital currency and blockchaacific Ocean and Oceania bank network has successfully deployed stellar network cross-border payment platform. At the same time, stellar has the most impressive list of consultants,

It will not affect the existing monetary policy transmission mechanism; 7. The central bank will not preset the technical route, and any advanced technology may be used in the central bank's digital currency research and development. The boundary between electronic payment and central bank digital currency is fuzzy, which can fully mobilize market power and realize system optimization through competition.

Bitcoin btcbitcoin see more developers' development work. The foundation has been funding cofocus on icox innovations, an emerging leader in branded digital currency and blockchare bitcoin developers Luke dashjr and Ben Woosley since last fall. Dovey Wan said he hopes to show the international community a different image of China's cryptocurrency industry through the initiative. Lianwen learned that the qtum foundation has donated five BTCs to hardcore fund to support the development work of bitcoin developers.