
Bank Indonesia kicks off consultation for its CBDC project
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…
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…
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…
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…
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 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…
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’s plans to use China’s future digital currency will help Beijing curb money laundering, could deal fatal blow to casino operators. Read more…
A group of seven major central banks including the US Federal Reserve look to play catch up with China’s digital currency. Read more…
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’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…
China’s central bank is “almost ready” to issue the country’s own sovereign digital currency, a senior central bank officer said. Read more…
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…
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…
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…
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…
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…
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…
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…
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…
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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