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Search Results for: central bank digital currency

North Carolina seeks to hold digital assets, gold on the balance sheet
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6 July, 2023

North Carolina seeks to hold digital assets, gold on the balance sheet

A bill that sailed through the House wants North Carolina to experiment with gold and digital assets to hedge against...
India: 6 potential risks of stablecoins for developing economies, according to central bank
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6 July, 2023

India: 6 potential risks of stablecoins for developing economies, according to central bank

The risks enumerated by the Reserve Bank of India include currency threat of currency substitution, circumvention of capital flow controls,...
Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
European Commission publishes digital euro bill, gives green light to ECB
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4 July, 2023

European Commission publishes digital euro bill, gives green light to ECB

The European Commission’s bill underpins the right of every resident in the eurozone to pay for free with the digital...
Slovakia slashes digital asset taxes to 7%
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4 July, 2023

Slovakia slashes digital asset taxes to 7%

The National Council of Slovakia voted 112-2 in favor of the amendment, which will lower the taxes from a maximum...
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