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Thai Central Bank Says Big Businesses Are Already Using its CBDC


Another country has moved a step closer to issuing a central bank digital currency (CBDC), with Thailand’s central bank stating that it is “already using” its token “for financial transactions with some big businesses.” Per Nation Thailand, the Vachira Arromdee, assistant governor of the Bank...

Japan’s Biggest Bank to Launch Digital Token Before End of FY2020


The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO. Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced no shortage...

South Korean Central Bank Launches CBDC Legal Advisory Unit


The Bank of Korea in Seoul. South Korea is once again intensifying the pace of its central bank digital currency (CBDC) progress – with a central bank-run team now investigating legal obstacles that might stand in the way of digital won issuance. Bitter political and financial rival Japan last week...

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