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Search Results for: central bank digital currency

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
Indonesia central bank eyes digital rupiah as nation’s ‘only legal digital tender’
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9 December, 2022

Indonesia central bank eyes digital rupiah as nation’s ‘only legal digital tender’

Bank Indonesia is firm with its plan to explore and develop a CBDC, with Governor Perry Warjiyo saying their future...
Digital assets may get legal status in Ukraine via new regulatory framework
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8 December, 2022

Digital assets may get legal status in Ukraine via new regulatory framework

Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the...
Bank Indonesia publishes white paper with keen focus on wholesale CBDC
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7 December, 2022

Bank Indonesia publishes white paper with keen focus on wholesale CBDC

Bank Indonesia will launch its digital rupiah under Project Garuda, which will be trialed in three phases, with wholesale CBDC...
We support digital assets, not ‘crypto,’ Nigeria’s SEC says
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5 December, 2022

We support digital assets, not ‘crypto,’ Nigeria’s SEC says

The securities regulator says it will not include ‘crypto’ in its regulatory framework until it’s better regulated, despite Nigeria being...
Reserve Bank of India launches country’s first retail CBDC pilot
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4 December, 2022

Reserve Bank of India launches country’s first retail CBDC pilot

Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
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