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Nalezeno "CBDC": 2954

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says


Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...

China Offers Medics Digital Yuan Insurance Policy for Covid-19


China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech...

Japanese Regulator Likely to Create New DeFi, NFT & CBDC Regulations


Japan’s top financial regulator, the Financial Services Agency (FSA), could be set to introduce new laws to police decentralized finance (DeFi)-related projects operating in the nation – with non-fungible tokens (NFTs) also potentially in the firing line. The FSA issued an official announcement...

Why Three Tech Behemoths Are Vying to Test Korea’s CBDC


South Korean tech giants have lodged three bids to become the first private firms ever to pilot the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype. As previously reported, the BOK will pick a winner from three consortiums and solo bids submitted earlier this month...

Digital Euro Project Gets Going as ECB Launches Investigation Phase


After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...

UAE Central Bank Unveils Plan to Launch Digital Currency


The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks. A growing number of central banks worldwide are working to launch central bank digital currencies (CBDCs)....

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