Tag: Digital Currency

Banking Tech, Mobile Banking

Swiss National Bank considers expanding digital currency project

July 4, 2024

Via: ThePaypers

The Swiss National Bank has announced it is open to expand its pilot project with wholesale CBDCs. The Swiss National Bank (SNB) considers expanding its pilot project involving wholesale central bank digital currencies (CBDCs). The bank’s officials expressed interest in developing the […]

Invest tech, WealthTech

Everything You Need to Know About Digital Currency

June 17, 2024

Via: Fintech News

Digital currency, a form of currency available only in digital form, has been rapidly transforming the global financial landscape. Unlike traditional currencies, digital currencies do not exist in physical form but are available and traded through electronic means. This article […]

Invest tech, Markets

Bitcoin Technical Analysis: BTC Consolidates Gains as Traders Eye $53K Resistance Level

February 16, 2024


Bitcoin The volume of bitcoin’s global trades is cruising at $29.86 billion, showcasing a medium-to-high engagement from traders and fluidity in the market. This level of activity underscores the prevailing bullish outlook, as mirrored in the day’s trading span and […]

Paytech, Retail

7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

May 25, 2023


The Bank for International Settlements (BIS) and a group of central banks have published a paper detailing their “ongoing policy perspectives” on a retail central bank digital currency (rCBDC). The new publication is the fifth from the same authors. The […]

Blockchain, Crypto

Stablecoins could ‘fundamentally alter’ banking system, says US FDIC chief

December 7, 2022

Via: Fintech News

Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp. (FDIC), at […]

Invest tech, Paytech, RegTech, Retail

Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency

October 31, 2022


Thailand’s Central Bank Wants to Better Understand Risks of Central Bank Digital Currency The Bank of Thailand (BOT) intends to take more time to complete the development of its retail central bank digital currency (CBDC). The monetary policy regulator aims […]

Paytech, Retail, Wholesale

Hong Kong Presents Digital Currency Prototype, Project Aurum

October 24, 2022


Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), and the Hong Kong Applied Science and Technology Research Institute has […]

Blockchain, Crypto

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

September 21, 2022


Government to Increase Digital Yuan Coverage in 4 Provinces of China Chinese authorities are going to expand the digital yuan’s area of application in four of the first pilot cities in the project to the rest of their respective provinces. […]