UAE, Saudi Arabian central banks release report on Project Aber CBDC trial
The joint report is among the most promising CBDC studies conducted by central bank authorities Go to Source Powered by WPeMatico
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Law Decoded: Cents and stability, Nov. 20–27
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week’s Law Decoded. Go to Source Powered by WPeMatico
Exchanges outdo auctions for governments cashing in criminal crypto, says exec
Governments are increasingly liquidating crypto assets seized in criminal investigations. Go to Source Powered by WPeMatico
Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’
Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives. Go to Source Powered by WPeMatico
A digital yen will make the crypto market ‘more lively,’ says Monex CEO
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency. Go to Source Powered by WPeMatico
BIS report suggests ‘embedded‘ monitoring tool for stablecoins
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies. Go to Source Powered by WPeMatico
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin. Go to Source Powered by WPeMatico
Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event
Tied in with a national shopping event, the trial will add “offline” and “touch” functionality. Go to Source Powered by WPeMatico
Ripple seeks director to engage with central banks on digital currency
Ripple is looking to define its strategy regarding central bank digital currencies. Go to Source Powered by WPeMatico
The US election seals China’s victory in digital currency supremacy
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race. Go to Source Powered by WPeMatico
