in

China’s blockchain project BSN to pilot global CBDC system in 2021

According to a Jan. 15 blog post, the BSN is looking to build a universal digital payment network, or UDPN, based on CBDCs of various countries as part of its 2021 roadmap. Currently at the design stage, the beta version of UDPN is expected to launch in the second half of 2021. The BSN plans to complete the UDPN development in five years.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

Citigroup beats analysts’ profit estimates as bank releases money set aside for loan losses

Indonesia president says sovereign wealth fund to collect $20 billion within next two months