CBDC: Shanghai Financial Service Launches Digital Yuan Services
The Chinese central bank's financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement ...
Tag: CBDC
IMF Acknowledges Ineffectiveness of Banning Cryptocurrencies, Encourages CBDC Adoption
The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus ...
Bank Of Japan Begins Pilot For Japanese CBDC
The Bank of Japan has announced the launch of a three-year pilot program for its central bank digital currency (CBDC), ...
Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards ...
18 ltalian Banks Forge Partnership For Blockchain-Based Wholesale CBDC Project
A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy has brought together a group of ...
IMF’s Foray into CBDC: Global Digital Currency Platform In The Works
Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital ...
XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform
While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) ...
Brazil Sets Crypto Regulations Straight: Central Bank Takes Charge As Regulator
Brazil's President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in ...
