The Bank of England’s “CBDC Sample Wallet Proof of Concept” project has recently completed its tender applications. According to the UK government’s Digital Marketplace website, 28 applications were received for the project, with 20 companies completing the application process, including 9 SMEs and 11 large companies. The Bank of England said that the contract will …
ACU Group Participates in the Global Issuance of CBDC Read More »
ACU Group will continue helping to improve financial technology in African countries and completing the launch of ACU PAY in Malaysia. In the past two years, ACU Group has accelerated its overseas expansion, and in late 2021, ACU Group established a Southeast Asia operation center and started to develop the Southeast Asia market systematically. In …
ACU Group To Expand To Africa And Malaysia In 2023 Read More »
This month, the China Academy of Information and Communication Research released the White Paper on Global Digital Economy (2022). The white paper writes, “Against the backdrop of a marked increase in instability and uncertainty in the international situation, the widespread and far-reaching impact of the new crown pneumonia pandemic, the headwinds of economic globalization, and …
According to foreign media reports, on December 12, 2022, the Bank of England (BOE) officially opened applications for the “CBDC sample wallet proof of concept” project tender, with a tender budget range of £200,000. The project period is five months and applications will close on December 23, 2022. The project outlines simple guidelines that must …
ACU Group prepares for opening doors in the CBDC Area Read More »
According to the latest official news, Mr. Yun Yang, Chairman of ACU Group, and Mr. Jing Liang, President of Hi Sun Global, formally reached a strategic partnership in Hong Kong on December 18th 2023. ACU Group and Hi Sun Group will further deepen their cooperation based on the joint development of ACU*HSG dual currency banking …
ACU and HSG Strategic Partnership Aims to Drive Global Economic Recovery Read More »
ACU PAY Africa CEO Kela Mwamba attended and spoke at the Zambia Blockchain Summit, which was successfully held in the capital city of Lusaka from November 28-30 2022. Hosted by the United African Blockchain Association (UABA), the Zambia Blockchain Summit provided an opportunity for blockchain platforms, companies and regulators to share ideas and showcase technology. …
According to the latest official news, the dual currency banking system developed by ACU Group and HSG Group has completed the initial development stage and is currently undergoing system testing. ACU Group will analyze and evaluate the system for account opening, transfer, deposit, loan and exchange, and test each of them to determine the final …
ACU’s New Dual Currency Banking System Is Now In Beta Testing Read More »
Invest Hong Kong hosted “Hong Kong Fintech Week 2022” from October 31 to November 4 through a combination of offline and online formats. The theme of this year’s FinTech week was “Breaking Boundaries, Creating the Extraordinary”, which aims to reflect Hong Kong’s breakthrough in FinTech Hong Kong officially released the “Policy Statement on Virtual Asset …
In just two months, we will be entering a new year. In 2023, central bank digital currencies (CBDC) will have a number of new players. On October 26th 2022, the media reported that Turkey’s central bank plans to launch a CBDC in 2023. The CBDC plan was announced in the annual presidential plan for 2023 …
Global CBDC Continues its Momentum ACU Group provides solutions for Global CBDC Read More »
The adoption of digital currency is accelerating worldwide and has become a major trend, driven by new payment currencies such as Bitcoin, ETH, and ACU. The International Monetary Fund (IMF) recently released the report, “The Rise of Central Bank Digital Currencies.” According to the IMF report’s statistics, in July 2018, only 19 countries began exploring …
