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Central Bank Digital Currency

Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
Cambodia rolls out unified QR code support for Bakong payment system
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13 July, 2022

Cambodia rolls out unified QR code support for Bakong payment system

The feature allows merchants to accept mobile payments from any payment service provider using a QR code supported by the...
Taiwan’s central bank outlines conditions for second stage of CBDC development
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5 July, 2022

Taiwan’s central bank outlines conditions for second stage of CBDC development

As revealed by Chin-long, the central bank is exploring how to scale the system's operational performance and the feasibility of...
Iran to launch a pilot version of its CBDC towards end of August
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1 July, 2022

Iran to launch a pilot version of its CBDC towards end of August

Central Bank of Iran governor stated that its crypto rial will be different from current digital currencies and has been...
Russia exploring CBDC for settlements of real estate deals
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30 June, 2022

Russia exploring CBDC for settlements of real estate deals

Testing state-backed digital currency for real estate settlements is already ongoing, along with testing for use in making regular payments...
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