Hardware wallet for digital yuan debuts in Xiong’an New Area
China’s first hardware wallet for the digital yuan supports dual offline payments without an internet connection. Go to Source Powered by WPeMatico
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Russia’s regulatory sandbox and the implementation of blockchain tech
The regulatory sandbox that came into effect in Russia last month is aimed at boosting innovative technology implementation. Go to Source Powered by WPeMatico
Central Bank of Nigeria bans banks from servicing crypto exchanges
Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges. Go to Source Powered by WPeMatico
Interoperability will determine CBDC winners and losers
To be first is to set the tone for the industry and control the space — a tactic otherwise known as the first-mover advantage. Go to Source Powered by WPeMatico
Irish central bank governor says crypto investors could lose all their money
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability. Go to Source Powered by WPeMatico
Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS
Many nations are moving to advanced stages of CBDC engagement, according to the Bank for International Settlements. Go to Source Powered by WPeMatico
Dutch Bitcoin exchange drags central bank to court over wallet KYC rule
One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law. Go to Source Powered by WPeMatico
Philippines’ central bank to license crypto trading and custody firms
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers. Go to Source Powered by WPeMatico
BoE Governor: cryptocurrencies of today are destined to fail long term
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features. Go to Source Powered by WPeMatico
Bahrain central bank licenses Sharia-compliant crypto exchange
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. Go to Source Powered by WPeMatico