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Finance

Iran launches retail CBDC pilot on Kish Island ‘free zone’
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24 June, 2024

Iran launches retail CBDC pilot on Kish Island ‘free zone’

The CBDC trial will take place on the island of Kish, where the ‘digital rial’ will be available to banking...
Turkey eyes 0.03% tax on digital asset transactions: report
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24 June, 2024

Turkey eyes 0.03% tax on digital asset transactions: report

The new tax is part of a larger proposal by the Erdogan government to raise $7 billion to plug a...
Block Dojo Philippines’ latest cohort aims for global success
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24 June, 2024

Block Dojo Philippines’ latest cohort aims for global success

Similar to its predecessor, Block Dojo Philippines cohort 2 kicked off with a bootcamp in the province of Bataan, where...
Demand for digital payments rises in Indonesia; 2 finance leaders opt for collaboration
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24 June, 2024

Demand for digital payments rises in Indonesia; 2 finance leaders opt for collaboration

Executives from Dana and LinkaAja pointed at artificial intelligence and blockchain technology use cases in finance that are subject to...
South Korea commits $14.5 million to experiment with CBDC, digital vouchers
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23 June, 2024

South Korea commits $14.5 million to experiment with CBDC, digital vouchers

South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC...
BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes
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22 June, 2024

BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes

The Bank for International Settlements has slashed its expectation of retail CBDC launches by 2029 to 6 from 11, but...
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