Business

South Korea hints at future CBDC in new financial report
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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...
Metaverse association tasked to promote industry growth in China’s Zhejiang
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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...
Federal Reserve nears FedNow Service rollout but clarifies it has no links with CBDCs
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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...
Germany’s central bank explores legality of deposit tokens, pokes holes in blockchain
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24 July, 2023

Germany’s central bank explores legality of deposit tokens, pokes holes in blockchain

Deutsche Bundesbank notes that existing legislation does not provide whether or not tokenized deposits will be considered deposits in the...
UK government rejects advisory committee’s call to regulate digital assets as gambling
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24 July, 2023

UK government rejects advisory committee’s call to regulate digital assets as gambling

At the time of writing, it appears that the U.K. government's view has prevailed and will continue with its plans...
Uganda seeks to regulate digital assets in new bill
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24 July, 2023

Uganda seeks to regulate digital assets in new bill

The bill wants to expand the jurisdiction of the capital markets regulator to include digital assets and tokens in the...
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