The financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
CatherineEddie Yue, Chief Executive of the Hong Kong Monetary Authority, announced yesterday that in the coming months, they anticipate launching the second tokenized green bond.
OliveChina has unveiled new developments in their central bank digital currency project
ClementBeneath the surface of CBDCs: uncovering concerns about Central Bank Digital Currencies
Hui XinThis pilot program will involve both private banks and public institutions, with technical expertise provided by the Bank for International Settlements (BIS).
DavinThe Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) embarked on this research venture last year, aiming to explore the possibilities associated with asset digitisation and the utilisation of CBDCs.
BrianWhile noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.
SnakeNon residents have the right to carry out digital ruble transactions without restrictions.
LedgerinsightsMs. Fortune was speaking at Citibank’s 10th Annual Digital Money Symposium
LedgerinsightsIndia remains firm on its idea to introduce the Central Bank Digital Currency (CBDC) in 2022-23. In the recent most ...
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