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China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors


The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments. The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews

The Biggest Bank Heist in History Is Coming


Regulators are permitting banks to tokenize financial assets such as bank deposits, U.S. Treasuries and corporate debt. But they want institutions to use permissioned networks rather than the decentralized blockchains that keep assets safe from hackers

Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study


An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...

South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom


K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid. The post South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom appeared first on Cryptonews

Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot


The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report. Central bank Deputy Governor for Payments and Currency Management Mamerto Tangonan told a press briefing Wednesday: “For CBDC… our timeline for that is to complete...

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