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UBS pilots Digital Cash for cross-border payments

Steve Kaaru

14 November, 2024

UBS pilots Digital Cash for cross-border payments

The pilot participants conducted local transactions in Swiss francs and global transfers in USD, euros, and yuan for faster and...

India eyes more CBDC use cases; no target date for rollout

Finance

Pradipta Mukherjee

14 November, 2024

India eyes more CBDC use cases; no target date for rollout

India continues to explore new use cases for its digital rupee, with RBI Governor Shaktikanta Das saying there is no...

Ant International, Standard Chartered lay out blockchain pilot

Finance

Steve Kaaru

14 November, 2024

Ant International, Standard Chartered lay out blockchain pilot

Standard Chartered completed Singaporean dollar-denominated liquidity transfers between its entities across borders on Ant International’s Whale blockchain platform

Swiss National Bank wary of Bitcoin and Ethereum

Finance

Gavin Lucas

13 November, 2024

Swiss National Bank wary of Bitcoin and Ethereum

Swiss National Bank Chairman Martin Schlegel highlighted how the volatility of digital currencies made them impractical for payments, adding to...

Kenya collects $78 million in digital currency taxes

Finance

Steve Kaaru

13 November, 2024

Kenya collects $78 million in digital currency taxes

The Kenya Revenue Authority is working with the central to initiate more effective tax measures as it targets $465 million...

South Korea tests digital vouchers, blockchain for item recovery

Finance

Steve Kaaru

13 November, 2024

South Korea tests digital vouchers, blockchain for item recovery

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with...

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Steve Kaaru

25 Apr 2025

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