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Finance

Philippines’ first retail peso-backed stablecoin to be available in June
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10 May, 2024

Philippines’ first retail peso-backed stablecoin to be available in June

Wei Zhou, CEO of Coins.ph, expressed the transformative potential of the PHPC, stating that it "will empower Filipinos to transact...
No current need for CBDC, Central Bank of Chile finds
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10 May, 2024

No current need for CBDC, Central Bank of Chile finds

Poll respondents say CBDCs could benefit Chile's economy and even promote financial inclusion, but one problem hinders the country from...
India eyes extension of CBDC pilots to money market instruments, securities tokenization
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9 May, 2024

India eyes extension of CBDC pilots to money market instruments, securities tokenization

Apart from piloting India's CBDC in commercial papers and certificates of deposits, the Reserve Bank of India is also looking...
Stakeholder group backs EU regulator’s proposals on digital asset definitions, solicitation rules
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9 May, 2024

Stakeholder group backs EU regulator’s proposals on digital asset definitions, solicitation rules

The Securities and Markets Stakeholder Group voiced its support of the ESMA's approach to the reverse solicitation exemption on 'crypto'...
Single-issue ‘crypto’ voters urged to save single-issue ‘crypto’ companies
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9 May, 2024

Single-issue ‘crypto’ voters urged to save single-issue ‘crypto’ companies

Digital Currency Group has issued the results of a new voter survey, claiming one in five registered voters in key...
Iran, Russia cooperating on CBDC and tokenized assets
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9 May, 2024

Iran, Russia cooperating on CBDC and tokenized assets

Iran’s trade attaché at the embassy in Moscow recently confirmed that Russia and Iran are working on a CBDC as...
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