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If a CBDC Is an ‘Instrument of Control,’ It’ll Fail – Expert


A financial expert has hit out at the Russian Central Bank’s digital ruble project, hinting that it amounts to a plan to control the entire financial system – and claiming that if this is the case, it will fail both on the domestic and the international stages. Speaking to Regnum, Konstantin Ordov...

South Korea’s Shinhan, LG CNS Unveil CBDC Platform


The South Korean commercial banking giant Shinhan and LG CNS, the IT services arm of the electronics conglomerate LG, have unveiled their joint pilot platform for central bank digital currencies (CBDC). The two firms announced they would be partnering on the platform late last year, and...

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