Search Results for: central bank digital currency

DBS Bank floats digital yuan offering for corporate clients in China
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11 July, 2023

DBS Bank floats digital yuan offering for corporate clients in China

DBS Bank backs the mass adoption of China's CBDC, laying plans to launch a new offering that would allow mainland...
Namibia passes bill to regulate local digital currency industry
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10 July, 2023

Namibia passes bill to regulate local digital currency industry

Under the new law, the country’s finance minister has the power to appoint entities to serve as the regulatory authority,...
China’s Jinan city accepts digital yuan as payment for bus rides
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9 July, 2023

China’s Jinan city accepts digital yuan as payment for bus rides

The pilot will run from July 1 until September 30 and is designed to enable administrators to test-run a full-scale...
Belarus to ban peer-to-peer digital asset transactions to combat crime
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7 July, 2023

Belarus to ban peer-to-peer digital asset transactions to combat crime

Belarus will only allow citizens to trade digital assets through centralized exchanges, saying it has uncovered 27 incidents of illegal...
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,...
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