While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot...
The country’s central bank will focus on a wholesale CBDC, which will be mediated by banks.
The presidential candidate acknowledges the importance of the issue and credits Vivek Ramaswamy for bringing it to his attention.
The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control.
The U.S. dollar-pegged Palau Stablecoin was used by 168 volunteers for $100 of retail purchases in three months.
U.S. presidential candidate Vivek Ramaswamy slammed Gary Gensler and the SEC at the Republican Party presidential debate.
The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of CBDCs.
Milei won over 55% of the votes, with 99% of the votes counted in the run-off presidential election.
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries.
The National Bank of Georgia will use the CBDC platform to assess digital lari’s benefits for government, businesses and retail users.