Tag: Digital Currency

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 […]

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 […]

December 7, 2022

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 […]

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 […]

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 […]

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. […]