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Tag: CBDCs

China announces plans for new national financial regulator

The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator.On Tuesday, March...

Flipkart’s fintech agenda: insurtech, cards and CDBCs

Flipkart, India’s biggest e-commerce company, is often compared to Amazon or Alibaba. But unlike those companies, which in their early days could piggyback off...

India tests offline functionality of digital rupee

The Reserve Bank of India (RBI) is testing the offline functionality of its newly-launched central bank digital currency (CBDC), the digital rupee, according to...

Coins.ph CEO: Stablecoins to Play Key Role in Crypto Mass Adoption

Share some Bitpinas love:Subscribe to our newsletter!Coins.ph CEO, Wei Zhou, believes that stablecoins will be the key to crypto mass adoption rather than Bitcoin.He...

Forget Bitcoin, Coinbase CEO Advocates for a US-Backed Stablecoin (Op-Ed)

In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have...

India explores offline functionality of CBDCs — RBI executive director

India’s recently launched in-house central bank digital currency (CBDC) â€” the digital rupee — is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive...

Binance Stablecoin BUSD Falls Below $10 Billion Market Cap for First Time

BUSD has shed more than 50% of its market cap since maxing out at its all-time high of $23.4 billion. BUSD’s market cap is...

The State of CBDCs in 2023

Executive Summary: According to the Atlantic Council’s Central Bank Digital Currency (CBDC) tracker, 114 countries are exploring a CBDC. Among them, 39 countries are...

CBDCs and Privacy Are Not Mutually Exclusive: ConsenSys Exec

In April 2022, Frax released FPI as an inflation-pegged stablecoin, which tracks the US 12 month Consumer Price Index for All Urban Consumers (CPI-U)...

IMF Prioritizes Regulation over Ban on Crypto

The International Monetary Fund (IMF) has expressed its preference for regulating crypto assets, including stablecoins, rather than imposing an outright ban. IMF's Managing Director,...

Is a US CBDC Inevitable? In DC, Fight Brews Over Digital Dollar

A digital dollar moves inexorably onward. But criticism is building into a crescendo.“CBDC is one of several options for upgrading the legacy capabilities of...

US Treasury-led CBDC Working Group looking at technical issues, national interest

The United States Treasury Department is continuing to consider design decisions relating to the introduction of a central bank digital currency. Under Secretary for...

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