India's Central Bank Digital Currency, the eRupee, has proven successful in its first four months of testing, processing transactions worth 5.7 crore Indian rupees. With thirteen banks collaborating with the…
Proposed changes in regulations for stable cryptocurrencies in the European Union, as discussed in the article, have drawn criticism for classifying stable cryptocurrencies as "significant" and imposing strict prudential requirements…
Deciding against using blockchain for their digital currency, the Philippines is taking a unique approach in exploring the feasibility and policy implications of issuing a CBDC. This innovative move aims…
Bangko Sentral ng Pilipinas planuje wprowadzić hurtową cyfrową walutę centralnego banku w ciągu dwóch lat, wybierając tę opcję zamiast detalicznej w celu poprawy efektywności i bezpieczeństwa płatności w kraju. Decyzja…
Central Bank of the Philippines explores the introduction of wholesale CBDC, shifting focus from retail CBDC and considering the utilization of existing technology for scalability and efficiency in the financial…
Governor Orr of New Zealand expresses concerns about the instability and risks associated with cryptocurrencies, particularly stablecoins, emphasizing the potential threats they pose to financial stability. Despite acknowledging the potential…
Filipino central bank plans to introduce a wholesale CBDC in the next two years, focusing on enhancing payment system efficiency and security. The decision to avoid blockchain technology aligns with…
Stability of Stablecoins Raises Concerns in New ZealandThe Governor of the Reserve Bank of New Zealand, Adrian Orr, has expressed doubts about the stability of stablecoins, describing them as “the…
RBI's plan to introduce offline solutions for its digital currency, the digital rupee, aims to address internet access issues in remote areas and promote financial inclusion. The gradual introduction of…
Pilot program for India's retail digital currency, E-Rupee, shows early success with transaction volumes reaching 5.70 crore rupees. Despite challenges in adoption, experts believe the programmability of E-Rupee can enhance…