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Search Results for: central bank digital currency

Bank of Israel explores options to boost adoption of proposed digital shekel
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11 June, 2023

Bank of Israel explores options to boost adoption of proposed digital shekel

The Bank of Israel laid out several initiatives to trigger mass adoption of its digital shekel, including using the CBDC...
CBDC not a priority for Kenya, central bank says
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9 June, 2023

CBDC not a priority for Kenya, central bank says

The bank issued a discussion paper a year ago, and after assessing the feedback, it says Kenya can solve its...
Filipino fintech launches stablecoin targeting the unbanked and remittances
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8 June, 2023

Filipino fintech launches stablecoin targeting the unbanked and remittances

Launched by Smart Citi, it will be the second stablecoin in the Philippines and plans to tap the $36 billion...
India’s central bank is keen on steering G20 toward macro risks posed by digital currencies
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6 June, 2023

India’s central bank is keen on steering G20 toward macro risks posed by digital currencies

While Indian regulators are focused on protecting retail investors, the broader payments ecosystem faces significant risks from digital currencies, according...
Georgian banking regulator to tighten AML screws for digital currency firms
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6 June, 2023

Georgian banking regulator to tighten AML screws for digital currency firms

Acting Governor of the NBG Archil Mestvirishvili confirmed that the Georgian central bank would float new anti-money laundering (AML) directives...
Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
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