Laos climbs aboard CBDC train via partnership with Japan’s Soramitsu
The proof-of-concept plan dubbed "Digital Lao Kip (DLak)" will explore the possibilities of a retail central bank digital currency existing with other payment options in Laos.
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Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam
According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments apps like Alipay and WeChat Pay.