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The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology. Go to Source Powered by WPeMatico
Over 4,567,000 merchants across the country now accept the e-CNY as payment. Go to Source Powered by WPeMatico
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study. Go to Source Powered by WPeMatico
The French presidency of the European Union winds down with the completion of wCBDC experiments, design of proprietary blockchain and automated market maker platform. Go to Source Powered by WPeMatico
The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues. Go to Source Powered by WPeMatico
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that discourages crypto trading. ‘A Way to Protect Household Savings’ According to … Read more
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders. Go to Source Powered by WPeMatico
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system. Go to Source Powered by WPeMatico
“Neither of the current CBDCs in circulation, such as the Sand Dollar and the Digitial Yuan, accrue interest on deposits,” said Yang. Go to Source Powered by WPeMatico
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. Go to Source Powered by WPeMatico
