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Business

Bank of England braces for widespread use of tokenization
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20 April, 2023

Bank of England braces for widespread use of tokenization

Acknowledging the rising popularity and adoption of tokenization, BoE's John Cunliffe says the central bank is looking into the possibility...
IMF: CBDC will solve Jordan’s cross-border challenges
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20 April, 2023

IMF: CBDC will solve Jordan’s cross-border challenges

Launching a CBDC would open a pathway for Jordan to improve its domestic payment systems, but the IMF warned that...
State-owned Chinese banks offer financial services to Hong Kong digital asset firms
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20 April, 2023

State-owned Chinese banks offer financial services to Hong Kong digital asset firms

With China's current digital asset regulation, service providers are now looking at Hong Kong to offer their services as the...
German banks begin deposit tokens trials with plans for multi-currency expansion
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20 April, 2023

German banks begin deposit tokens trials with plans for multi-currency expansion

In an effort to build an intuitive payments ecosystem, Germany's four major banks embarked on a study that would see...
NYDFS to charge digital asset firms for supervision
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19 April, 2023

NYDFS to charge digital asset firms for supervision

First proposed in December, the new regulation was adopted this week and allows the New York Department of Financial Services...
Digital Currency Group’s Luno exchange cuts off Singaporean users
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19 April, 2023

Digital Currency Group’s Luno exchange cuts off Singaporean users

After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory...
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