Shenzhen to hand out 10 million digital yuan in currency giveaway
China is promoting its central bank digital currency with a public $1.5 million giveaway. Go to Source Powered by WPeMatico
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Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward. Go to Source Powered by WPeMatico
Dutch central bank approves first crypto service under AMLD5 regulations
The Netherlands has imposed tight regulations related to EU anti-money laundering laws. Go to Source Powered by WPeMatico
Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow
The bank is shutting down the SWIFT network as protests rocked the country. Go to Source Powered by WPeMatico
Bank of Korea digital won pilot moving to distribution phase next year
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch. Go to Source Powered by WPeMatico
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide. Go to Source Powered by WPeMatico
Thai central bank issues $1.6B in government bonds on IBM blockchain
The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform. Go to Source Powered by WPeMatico
Estonian central bank to conduct digital currency research
They’re following other central banks, including the European Central Bank, into studying virtual currencies. Go to Source Powered by WPeMatico
Technology itself is deflationary, Diginex CEO says
Answers on money printing and rising markets during a pandemic. Go to Source Powered by WPeMatico
European central bank execs are wrong — Intentionally or unknowingly?
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients. Go to Source Powered by WPeMatico