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Mastercard launches CBDC Partner Program in partnership with leading blockchain firms to foster the implementation of digital currencies

TL;DR Breakdown Mastercard has taken a significant step in the digital currency industry by launching its CBDC Partner Program. The program aims to foster collaboration with key blockchain and payment service industry players to drive innovation and efficiencies in implementing central bank digital currencies (CBDCs). Mastercard convenes leading blockchain and payment providers Mastercard’s CBDC Partner Program aims …

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Australia’s central bank reveals findings of its CBDC pilot test

TL;DR Breakdown Australia’s journey towards a central bank digital currency (CBDC) has taken a significant step forward as the Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), concluded its pilot program. The initiative explored the potential of introducing a digital version of the Australian Dollar (e-AUD) and shed …

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ACU Trademark Successfully Registered In Morocco And Tanzania

In 2023, ACU Group will expand its efforts in the African region to assist African countries in improving their financial technology. According to the most recent official news, the ACU trademark has recently been registered and has the exclusive right to use in Morocco and Tanzania. The ACU trademark has been successfully registered in more …

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Another Prime License Secured!! Asian Digital Group Receives Washington State MTL License

According to the latest official news, Asian Digital Group has recently obtained another essential license. According to the relevant personnel, ADSG has officially obtained the Money Transmitter Licensing (MTL) license issued by the Washington State financial regulator on February 21st, 2023. After receiving this license, Asian Digital Group will be allowed to conduct currency trading, …

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As Global CBDC Adoption Accelerates, ACU Group Has the Solution

As we enter 2023, the global CBDC process is picking up speed. According to public reports, in December 2022 alone, several national banks and international organizations, including the Federal Reserve, the Central Bank of Turkey, the Central Bank of Brazil, the Central Bank of Kazakhstan, the International Monetary Fund, and the Philippines, announced their latest …

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New Developments In African Settlement ACU Pay Solves Africa’s Trade Settlement Challenges

African countries face far more problems than other countries when it comes to developing FinTech. Under the Cross-Border Support Program, ACU Group has submitted an “Africa Solution” to African countries to help them develop financial technology. As the second largest continent in the world, Africa has 63 countries and regions with more than 42 currencies, …

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ACU Group Participates in the Global Issuance of CBDC

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 …

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ACU Group To Expand To Africa And Malaysia In 2023

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 …

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ACU Group Helps Global Distribution of CBDC

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 …

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ACU Group prepares for opening doors in the CBDC Area

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 …

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