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Pakistan to Legalize Crypto with Major Amendment, CBDC Soon?
4.11.2024
In a major policy shift, Pakistan’s government has introduced amendments to the State Bank of Pakistan (SBP) Act.…
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
BIS distances from Project mBridge amid BRICS sanctions concerns
31.10.2024
Economic sanctions have a profound effect on international financial architecture, it turns out
BIS distances from Project mBridge amid BRICS sanctions concerns
31.10.2024
Economic sanctions have a profound effect on international financial architecture, it turns out
Kazakhstan CBDC pilot drastically reduces VAT refund wait
30.10.2024
The National Bank's latest project again shows the advantages of programmable central bank digital currency
Canadians wary of adopting digital dollar, Bank of Canada finds
29.10.2024
The Bank of Canada’s research revealed mixed views on the digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments
2,430% Surge: Why Central Bank Digital Currencies Are Set to Explode
29.10.2024
The explosive growth of central bank digital currencies, expected to surge 2,430% by 2031, could revolutionize global payments, slashing cross-border transaction costs by billions. The Global Payment Shake-Up: CBDCs Poised to Transform Transactions Juniper Research, a market research and consulting...
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
28.10.2024
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating.
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
28.10.2024
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor Andrew Bailey shared his outlook on...
Stablecoins and the dollar: Allies or adversaries in the new financial era?
25.10.2024
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy?
Stablecoins and the dollar: Allies or adversaries in the new financial era?
25.10.2024
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy?
Russian Banks Baulk at Digital Ruble Implementation Costs
25.10.2024
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT budgets. The central bank has mandated different...
India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
24.10.2024
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks
India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
24.10.2024
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
24.10.2024
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing...
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
24.10.2024
The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape...
Bitcoin academics slam controversial ECB paper blasting Bitcoin
23.10.2024
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned.
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...