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digital currency

Bank Bumi Arta indonesia banking CBDC
News

Bank Indonesia kicks off consultation for its CBDC project

February 14, 2023 Joana Bagano 0

Bank Indonesia has launched the consultation process for its central bank digital currency (CBDC) initiative, Project Garuda. A PoC is expected in July. Read more…

eAUD Australia
News

Australia’s eAUD pilot has become surprisingly popular

December 8, 2022 News Centre 0

A pilot programme for a digital eAUD currency in Australia has attracted much more interest from industry than expected, says Reserve Bank of Australia. Read more…

bank indonesia digital rupiah
News

Bank Indonesia reveals its plans for a digital rupiah

December 1, 2022 News Centre 0

Indonesia’s central bank has unveiled plans for a digital rupiah currency that will use blockchain tech, as the country sees a boom in digital transactions. Read more…

Views

Is public opinion on digital cash really worth listening to?

September 13, 2022 David Birch 0

Asking the public for their opinions about crypto and digital cash is like asking people in the days of bulletin boards what they want from social media. Read more…

Thailand's central bank digital currency
News

Thailand launching CBDC retail digital currency

August 8, 2022 Joana Bagano 0

Thailand’s central bank is the latest to announce plans to test a retail digital currency, which it expects to launch by late this year to mid-2023. Read more…

RBI
News

RBI says private crypto threatens India’s macroeconomic stability

February 11, 2022 Staff Writer 0

The Reserve Bank of India said private crypto isn’t worth a tulip and will undermine the RBI’s ability to maintain financial stability. Read more…

Macau China gambling
News

Macau plans to use China’s future digital currency could deal a fatal blow

April 23, 2021 News Centre 0

Macau’s plans to use China’s future digital currency will help Beijing curb money laundering, could deal fatal blow to casino operators. Read more…

China's digital currency
News

Central banks join forces to play catch up with China’s digital currency

October 10, 2020 News Centre 0

A group of seven major central banks including the US Federal Reserve look to play catch up with China’s digital currency. Read more…

robo advisors China tech firms
News

China’s digital currency not seeking control of individuals’ info

November 13, 2019 News Centre 0

China’s proposed digitized domestic currency is not a bid to gain full control of information belonging to the general public says senior central bank official. Read more…

china judiciary law
News

China passes cryptography law before digital currency launch

October 28, 2019 News Centre 0

China’s largely rubber stamp parliament has passed a new law on cryptography as the country gears up to launch its own digital currency. Read more…

digital currency
News

China’s central bank nearly ready to issue digital currency

August 13, 2019 News Centre 0

China’s central bank is “almost ready” to issue the country’s own sovereign digital currency, a senior central bank officer said. Read more…

ECB digital currency
News

ECB shuns digital currency because cash is still king

September 17, 2018 News Centre 0

FRANKFURT (Reuters) – The European Central bank has no plan to issue a digital currency because the underlying technology is still fragile and the use of physical cash still high in the euro zone, the Read more…

cryptocurrencies
News

No cryptocurrencies from Australia or NZ banks anytime soon

June 27, 2018 News Centre 0

WELLINGTON (Reuters) – The central banks of Australia and New Zealand ruled out on Tuesday the notion that they would issue official cryptocurrencies anytime soon, warning the potential damage to their banking systems could outweigh Read more…

digital fiat currency
News

ITU launches work groups to standardize digital fiat currency

October 18, 2017 News Centre 0

The new ITU focus group looking at digital fiat currency has established three working groups to guide its analysis of the standardization and regulation necessary for the security and interoperability of such currencies. The working groups will Read more…

digital currency QR china
Views

China loves digital currency but can it go truly cashless?

October 13, 2017 David Birch 0

China’s central bank wants to ditch paper money eventually. The big challenge is: who gets to create digital currency as legal tender? The Chinese were first with the great transition from commodity money to paper Read more…

News

Hong Kong securities regulator sets its sights on ICOs

September 6, 2017 News Centre 0

HONG KONG (Reuters) – Hong Kong’s Securities and Futures Commission (SFC) warned on Tuesday it may regulate some fundraisings that are done through digital currencies as volumes of the so-called initial coin offerings (ICOs) surge Read more…

digital cash
News

Six banks join project to create blockchain-based digital cash

September 1, 2017 News Centre 0

ZURICH (Reuters) – Six new banks have joined a UBS-led effort to create a digital cash system that would allow financial markets to make payments and settle transactions quickly via blockchain technology. The group aims Read more…

Off the Wire

openANX launches Ethereum-based exchange and trading platform

June 23, 2017 News Centre 0

Hong Kong-based Open ANX Foundation has launched openANX, a project to build a new decentralized exchange and trading platform using the Ethereum blockchain, and held its first token sale for a cryptocurrency called OAX will Read more…

no bitcoin
News

Bank of Thailand rejects government plan to embrace Bitcoin

June 16, 2017 Don Sambandaraksa 0

Deputy Prime Minister Somkid Jatusripitak has ordered the Bank of Thailand and Ministry of Finance to revise laws to make Thailand more amicable to FinTech, implement regulatory sandboxes and especially focus on Bitcoin, which is Read more…

bitcoin
Views

The Bitcoin scaling debate is becoming a battle for control

June 15, 2017 Don Sambandaraksa 0

Everyone in the cryptocurrency space agrees that Bitcoin needs a scaling solution, but Bitcoin has not one but two such solutions, with bitter and often uncivilized fighting between the Chinese miners on the one hand Read more…

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