China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.
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Bank of China: Digital yuan transactions volume crossed $14B mark
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
India’s central bank outlines digital rupee CBDC plans
India's Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project.
SWIFT Explores the Benefits of a Global CBDC Network
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) conducted an 8-month trial on different technologies and central bank digital currencies (CBDCs). It determined that such monetary products could take part…
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria.
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws…
US lawmakers request Justice Dept share CBDC assessment
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch.
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once.
Bank of Russia Adds Digital Assets to Banking Chart of Accounts
Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the…
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank…
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