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Search Results for: 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...
Sri Lanka central bank warns against digital assets investments amidst political unrest
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17 July, 2022

Sri Lanka central bank warns against digital assets investments amidst political unrest

The Central Bank of Sri Lanka said citizens could invest in virtual currencies but at their own risk since the...
Russia: Lawmaker proposes adding digital assets exchange division to MOEX
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17 July, 2022

Russia: Lawmaker proposes adding digital assets exchange division to MOEX

The head of Russia's State Duma Committee on financial markets, Anatoly Aksakov, has introduced the proposal to launch a regulated...
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,...
Bank of France governor announces phase 2 of digital euro development
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16 July, 2022

Bank of France governor announces phase 2 of digital euro development

François Villeroy de Galhau, governor of the Banque de France, said the second phase would see four or five experiments...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...
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