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13 Things Fed Should Mull Over Before a Digital Dollar Launch


The US Federal Reserve should look into more than a dozen major matters before launching its central bank digital currency (CBDC), a digital dollar, including safety, fairness, inclusion, interoperability, and resilience among others, found Global Digital Finance (GDF), an industry body working...

China Drafts Law to Legalize Digital Yuan, Outlawing Competitors


China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...

Get Ready For Crypto Banking, DeFi & CBDC Surprises - Venture Capitalist


Banks will likely open crypto accounts next to fiat accounts, decentralized finance (DeFi) will claim its trillion-dollar company, while central bank digital currencies (CBDCs) will suprise many by entering our lives sooner than expected, Marc van der Chijs, entrepreneur, crypto-focused venture...

EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC


There has been mixed news for the central Bank of Korea (BOK) as it prepares to launch its first pilot for the digital won. The bank is still yet to make an official decision on whether it will actually launch the central bank digital currency (CBDC) or not, but recently claimed that it would...

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