Central Bank Digital Currency

South Korea to start real-world testing of CBDC with 10 commercial banks: report
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18 July, 2022

South Korea to start real-world testing of CBDC with 10 commercial banks: report

The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
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...
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