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Search Results for: Hong Kong Monetary Authority

Stablecoin market share rises to 12.9% as of January 2023, CoinGecko report finds
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21 March, 2023

Stablecoin market share rises to 12.9% as of January 2023, CoinGecko report finds

Interestingly, 2022 saw the market share occupied by smaller stablecoin projects vanish, with a significant drop-off in May 2022 which...
Bank of International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
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...
G20 central bank officials: Regulated digital currencies better than CBDCs
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21 July, 2022

G20 central bank officials: Regulated digital currencies better than CBDCs

Australian central bank governor Philip Lowe stated that the private sector has proven to be better than central banks at...
BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments
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27 June, 2022

BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments

In a research report, the BISIH highlighted results achieved from four recent cross-border multiple CBDC platform pilot projects the BIS...
Central Bank of Chile prolongs plans to issue CBDC
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16 May, 2022

Central Bank of Chile prolongs plans to issue CBDC

The BCC says it needs to gather more information and would be conducting a series of "seminars, presentations, and meetings...
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