Article by Wahid Pessarlay
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26 July, 2023
Pakistan’s central bank confirms CBDC development, seeks to catch up with industry pioneers
The State Bank of Pakistan’s CBDC pilot is expected to be carried out in stages, roping in the Pakistani commercial...
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26 July, 2023
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
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25 July, 2023
Kuwait issues blanket ban on digital currency transactions
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
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25 July, 2023
South Korea hints at future CBDC in new financial report
South Korea joins the growing list of countries exploring CBDCs, with its central bank unveiling plans to study and possibly...
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25 July, 2023
Metaverse association tasked to promote industry growth in China’s Zhejiang
The metaverse association kicked off operations with 91 local metaverse companies with plans to increase the size of its members...
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25 July, 2023
Federal Reserve nears FedNow Service rollout but clarifies it has no links with CBDCs
The Federal Reserve has yet to decide on rolling out CBDCs, stating that it will require congressional approval to launch...
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