
Article by Wahid Pessarlay
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11 March, 2023
South Korea logs $4.3B worth of illegal digital currency transactions in 2022
Amid stern regulations, illegal digital currency transactions in South Korea remain high, with authorities registering over $4 billion in 2022...
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11 March, 2023
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay,...
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10 March, 2023
India expects digital currency firms to comply with national money laundering legislation
Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated...
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10 March, 2023
Pakistan banks to develop blockchain-based eKYC platform
eKYC platform Consonance will rely on blockchain to provide banks and financial institutions with a standardized framework to carry out...
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10 March, 2023
Iran moves ahead with CBDC development after completing pre-pilot phase
The Central Bank of Iran revealed that the pre-pilot phase skimmed through legal, regulatory, and technological implications for an Iranian...
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9 March, 2023
BIS wraps up cross-border retail CBDC ‘Project Icebreaker’
The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...
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