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The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its own activities. Iran Preps Pilot … Read more
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. Go to Source Powered by WPeMatico
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection. Go to Source Powered by WPeMatico
As the crypto space gets all worked up by the impending launch of Bitcoin exchange-traded funds, the captains of the industry take it upon themselves to offer sketch the designs of future regulatory regimes. Go to Source Powered by WPeMatico
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. Go to Source Powered by WPeMatico
Any digital currency issued by a central bank must support financial and monetary stability, finance leaders from G7 member states have insisted. State-issued coins should also ensure privacy, transparency, and data protection, the officials stated. The forum adopted 13 public policy principles for retail digital currencies and stressed that “CBDCs are not ‘cryptoassets.’” CBDCs Must … Read more
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape. Go to Source Powered by WPeMatico
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. Go to Source Powered by WPeMatico
Debt ceiling uncertainty erodes trust in the dollar, DOJ announcements the National crypto enforcement team, SEC investigates Circle. Go to Source Powered by WPeMatico