Finance

FSB Plenary praises progress on addressing financial stability risks relating to digital assets
-
20 June, 2024

FSB Plenary praises progress on addressing financial stability risks relating to digital assets

The Financial Stability Board Plenary meeting discussed the general outlook for global financial stability and the progress made in implementing...
More central banks exploring CBDCs as number of pilots increases
-
20 June, 2024

More central banks exploring CBDCs as number of pilots increases

CBDCs offer various benefits for global economies, according to a BIS report, leading banks to explore use cases tied to...
Philippines: MARINA introduces blockchain-powered system to enhance maritime services
-
20 June, 2024

Philippines: MARINA introduces blockchain-powered system to enhance maritime services

Department of Transportation’s undersecretary for Maritime Affairs has announced the introduction of MARINA's Blockchain-Enabled System for Transactions, which is designed...
India registers fastest growth in Asia Pacific e-commerce payments, report shows
-
19 June, 2024

India registers fastest growth in Asia Pacific e-commerce payments, report shows

Driven by the success of its UPI, India is emerging as a significant player in adopting non-cash, alternative payments in...
Bank of Thailand starts trial for programmable payments
-
19 June, 2024

Bank of Thailand starts trial for programmable payments

To qualify, applicants must solve DLT payments and settlements, operate an escrow service with programmable payments, or offer asset tokenization.
Big Chinese banks announce involvement in mBridge CBDC project
-
18 June, 2024

Big Chinese banks announce involvement in mBridge CBDC project

The BIS announced that its mBrdige had entered the Minimum Viable Product stage and revealed that Saudi Arabia's central bank...
Advertisement