CBDC
Hong Kong Starts New Phase of CBDC Testing
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
By Sandali HandagamaMar 14, 2024
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.
By Jesse HamiltonMar 7, 2024
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
Adoption of the central bank digital currency pales in comparison to cash use in the country.
By Camomile ShumbaMar 7, 2024
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenized money," HKMA said.
By Amitoj SinghMar 7, 2024
Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
The country's central bank does not plan on issuing a retail version of the digital currency.
By Camomile ShumbaFeb 12, 2024
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The central banker said fiat money is more credible than stablecoins because it has the power of government behind it.
By Sam ReynoldsFeb 12, 2024
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
By Amitoj SinghFeb 1, 2024
Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says
Many respondents to the digital pound consultation said that they had concerns about privacy and control.
By Camomile ShumbaJan 25, 2024
Donald Trump Is the Latest Republican to Use CBDCs as a Dog Whistle
The presidential candidate declared fevered opposition to a digital dollar on Wednesday night, even though there are no official plans for one in the U.S. Why?
By Benjamin SchillerJan 18, 2024
Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code
The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.
By Amitoj SinghDec 21, 2023
