Chinese firms stand out as some of the most active buyers in the global commodities market, and officials believe that the incorporation of the digital yuan in clearing houses will enhance the security of cross-border settlements for bulk commodities.
Coinlive The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC).
OthersThe Reserve Bank of India reported that results of both digital rupee pilots have so far been satisfactory and aligned with expectations.
OthersUK banks have resorted to rejecting applications, freezing accounts, and requesting additional paperwork from crypto firms.
cryptopotatoLagarde said Central Banks are like "anchors" to other banks.
CryptoSlateThe collapse of FTX, Celsius, and Silvergate highlights the challenges of regulation and compliance in the emerging crypto industry.
BeincryptoHow Centralized Entities Go Rogue Due to Regulatory Uncertainties
MediumIn this line, trading using traditional currencies has spiked to historical levels with a surge of about 30% following years of stagnant volumes.
FinboldThe institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.
CointelegraphThe researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges.
Cointelegraph