CBDC
- Business
G7 to discuss digital currency standards, crypto regulation
G7 will prod developing nations to introduce CBDC standards Consensus is for stronger regulation on cryptocurrencies G7 to also focus…
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IMF unveils Unicoin: A global, legal tender settlement CBDC
During last week’s International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced the launch of…
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Central bank digital currencies will lower remittance costs, Moody’s says
Tumbling value of cryptocurrencies has strengthened arguments in favour of more stable digital assets, according to the rating agency Central…
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UAE Central Bank Digital Currency strategy launched
The CBUAE has engaged with G42 Cloud and R3 as the infrastructure and technology providers respectively for its CBDC implementation…
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India and UAE to Collaborate on Developing Digital Currencies
The countries will see if their central bank digital currencies will be interoperable. India and the United Arab Emirates will…
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China’s Digital Yuan Stands Out in Global Cross-Border Pilot Initiative
The test, which lasted six weeks and ended late last month, is part of m-Bridge, an initiative that pilots cross-border…
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Bitcoin could fall to $6K as Crypto Winter intensifies, but expect recovery next year
As the Crypto Winter intensifies, Bitcoin could break below its $18,000 support level, which will send the Bitcoin price tumbling…
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Digital currency from US Fed could hurt money market funds: Fitch
Central bank digital currency investments may worsen market illiquidity in times of financial stress, rating agency says US President Joe…
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Biden’s crypto order major step for blockchain use, payments
Order provides advantages to current payments system without threat of money laundering, criminal activity, says law expert US President Joe…
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Cryptocurrency growth fuels stablecoin demand, Fed governor says
Lael Brainard calls for strong stablecoin framework for risk management, governance Growth in the cryptocurrency ecosystem is fueling demand for…
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