Browsing Tag
#Digital Currency
17 posts
Banks still show interest in digital assets and DeFi amid market chaos
The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks…
Canada to examine crypto, stablecoins and CBDCs in new budget
Canada’s government stated its concerns about the risks digital assets and the digitalization of money may pose to…
Crypto platform Freeway halts services citing ‘unprecedented volatility’
Crypto platform Freeway has halted some of its services, citing “unprecedented volatility” in the foreign exchange and cryptocurrency…
Bank of Jamaica to begin digital currency pilot in August
Jamaica’s central bank will reportedly commence the initial roll-out of its central bank digital currency (CBDC) project in…
Chinese banks tell staff to recruit up to 300 new digital yuan users each
Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new…
UK chancellor names CBDC on list of financial reforms for Treasury
Rishi Sunak, chancellor of the Exchequer for the United Kingdom, has included cryptocurrencies and stablecoins on the list…
Beijing subway now accepts digital yuan
China continues expanding the scope of its central bank digital currency (CBDC) by debuting digital yuan payments for…
Bank of Russia forms first digital ruble testing group
The central bank of Russia is setting up a group of banking institutions to test its central bank…
Spanish Socialist Workers’ Party pens public digital currency initiative
The Spanish Socialist Workers’ Party (PSOE), the governing political body in Spain, is backing a new national digital…
Singapore’s central bank offers cash prizes for digital currency ideas
The Monetary Authority of Singapore, the country’s central bank and a major financial regulator, is challenging fintech companies…