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Search Results for: central bank digital currency

Central Bank of Honduras issues warning against volatile digital assets
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5 August, 2022

Central Bank of Honduras issues warning against volatile digital assets

The central bank emphasized that citizens who transact with digital assets will bear responsibility for any risks they face from...
Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference
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4 August, 2022

Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference

Stablecoins, DLT, CBDC, DeFi, NFTs, and the metaverse were the main topics of discussion throughout the day, and many bankers...
Israel tightens restrictions on cash use, encourages digital payments: report
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4 August, 2022

Israel tightens restrictions on cash use, encourages digital payments: report

Businesses can spend a maximum of 6,000 shekels (or $1,760) in cash payments, while individuals can spend a maximum of...
Reserve Bank of India approves firm to deploy blockchain solution for cross-border payments
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1 August, 2022

Reserve Bank of India approves firm to deploy blockchain solution for cross-border payments

Open Financial Technologies, an India-based neo-banking startup, is set to deploy its blockchain-based cross-border transaction monitoring solution after its approval...
Philippines: DICT commits to work in line with PBBM’s digital transformation plan
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30 July, 2022

Philippines: DICT commits to work in line with PBBM’s digital transformation plan

DICT Secretary Ivan John Uy stated that the department has vowed to implement projects and programs that align with the...
South Korea: 2 banks face probe over failure to report digital currency trading gains
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29 July, 2022

South Korea: 2 banks face probe over failure to report digital currency trading gains

The remittances sent abroad are worth over KRW2 trillion and were said to have been made by trading the Kimchi...
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