China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems. Go to Source Powered by WPeMatico
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CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking. Go to Source Powered by WPeMatico
Bank of Thailand Launches Digital Currency Pilot Project
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country. Go to Source Powered by WPeMatico
Decred Co-Founder: CBDCs Can Facilitate Crony Capitalism
Co-founder of Decred believes that the CBDCs could create greater information asymmetries that would benefit ruling elites. Go to Source Powered by WPeMatico
New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto. Go to Source Powered by WPeMatico
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Go to Source Powered by WPeMatico
Father of JOBS Act: US Digital Dollar is Inevitable, No One Wants Chinese Currency
Father of the JOBS Act does not believe there will be any demand for the Chinese digital currency. Go to Source Powered by WPeMatico
Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age
An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. Go to Source Powered by WPeMatico
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. Go to Source Powered by WPeMatico
South Korea’s NH Bank Forms Blockchain Financial Services Consortium
The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. Go to Source Powered by WPeMatico