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Wahid Pessarlay

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

FCA shuts down 26 digital currency ATMs illegally operating in UK
Business
Wahid Pessarlay
-
15 July, 2023

FCA shuts down 26 digital currency ATMs illegally operating in UK

Steve Smart, FCA's executive director of enforcement and market oversight, noted that users' funds in digital currency ATMs "will not...
Banque de France governor proposes EU-focused DLT network for asset tokenization
Business
Wahid Pessarlay
-
15 July, 2023

Banque de France governor proposes EU-focused DLT network for asset tokenization

Under Banque de France Governor François Villeroy de Galhau's proposal, CBDC, tokenized bank deposits, and other digital currencies may be...
Bank of China tests digital yuan SIM card payments using NFC technology
Business
Wahid Pessarlay
-
15 July, 2023

Bank of China tests digital yuan SIM card payments using NFC technology

Aside from the CBDC functionality, the Bank of China stated that the SIM cards may support several applications, including access...
24 CBDCs set to launch by 2030, over 93% of central banks experimenting with the asset class: BIS
Business
Wahid Pessarlay
-
14 July, 2023

24 CBDCs set to launch by 2030, over 93% of central banks experimenting with the asset class: BIS

Bank for International Settlements notes that the retail CBDCs will be the dominant offering while their wholesale versions will be...
CBDCs could end SWIFT, Russia’s central bank executive says
Business
Wahid Pessarlay
-
14 July, 2023

CBDCs could end SWIFT, Russia’s central bank executive says

First Deputy Governor of the Bank of Russia Olga Skorobogatova said the digital ruble project will advance in stages, modeled...
South Korea: Financial regulator wants staff to disclose digital currency holdings
Business
Wahid Pessarlay
-
14 July, 2023

South Korea: Financial regulator wants staff to disclose digital currency holdings

South Korea’s Financial Services Commission move is in response to the request of the country’s Anti-Corruption and Civil Rights Commission.