Cambodian digital currency bakong amps up use case with Alipay agreement
The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope. Go to Source
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Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers
Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions. Go to Source
German Parliament member ’staunch opponent’ of digital Euro, all in on Bitcoin
EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin. Go to Source
Kazakhstan officially launches digital tenge
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency. Go to Source
IMF head: CBDCs can replace cash, help financial inclusion
International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies. Go to Source
APEC finance ministers to share perspectives on crypto at meeting in San Francisco
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries. Go to Source
BIS general manager urges central banks to “lead innovation” for CBDCs
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. Go to Source
Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded
Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison. Go to Source
Bitcoin Magazine claims Fed accused it of trademark violation for t-shirts
Crypto publication Bitcoin Magazine claims it has been threatened with legal action over “FedNow” t-shirts, hats, and other items. Go to Source
Ripple to power Georgia’s central bank digital currency, the digital Lari
The National Bank of Georgia will use the CBDC platform to assess Digital Lari’s benefits for the government, businesses, and retail users. Go to Source