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Search Results for: central bank digital currency

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
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22 February, 2024

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge

The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027...
Honduras bans banks from dealing with digital assets
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22 February, 2024

Honduras bans banks from dealing with digital assets

Despite regional adoption, banks in Honduras are now banned from investing in, intermediating, or maintaining accounts for entities involved in...
EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
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20 February, 2024

EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC

EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it...
UK’s digital pound faces trust concerns and political opposition
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19 February, 2024

UK’s digital pound faces trust concerns and political opposition

As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting...
Lugano settles second digital bond using wholesale CBDCs
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18 February, 2024

Lugano settles second digital bond using wholesale CBDCs

Valued at $114 million, Lugano's native digital bond will rely on Switzerland's experimental central bank digital currency for settlements.
Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
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15 February, 2024

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
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