Central Bank Digital Currency
South Korea’s notice for digital assets excludes NFTs, CBDCs
South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
Taiwan’s central bank completes CBDC feasibility study
Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...
China, Singapore launch digital yuan cross-border payments pilot for tourists
The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...
Canadians still don’t like CBDCs
More Canadians still prefer cash over a central bank digital currency, citing the latter's risks when it comes to privacy,...
Italy, South Korea sign MOU for CBDC, payment systems and ICT
The central banks of Italy and South Korea have signed a memorandum of understanding for a central bank digital currency...
China’s digital yuan pilot gathers steam
The future of CBDC transactions is on the horizon as more banks onboard China's digital yuan pilot, exploring various use...
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