With proper regulation set in place, stablecoins can manage to fulfill their promise and ensure that more funds will reach all those in greatest need. Currently, institutional interest in the ...
Diem’s push to launch stablecoins and a payment system to serve the entire world suffered from another development of anti-crypto sentiment among major US policymakers. Facebook came up with an ...
Bank of Communications and China Construction Bank are working with fund administrators and guarantors aiming to promote e-yuan installments for Chinese nationals. Government-sponsored Chinese banks have allegedly begun investigating new ...
The South African Reserve Bank (SARB) governor, Lesetja Kganyago, has strongly opposed the classification of cryptos as currencies. The top banker has said that cryptos are more akin to assets ...
Central bank digital currencies (CBDCs) seem to be the strategy the central banks are using to combat the rise of the crypto sector. In that context, the CBDC launched by ...
The Reserve Bank of India (RBI) may start preliminary central bank digital currency (CBDC) pilot tests before the end of the year. India’s central bank is carefully considering the merits ...
Experts believe that it will take some time for the consumers to warm up to cryptocurrencies. However, education is the key to its mass adoption. From mobile banking apps to ...
Singapore is allegedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klaytn. Kakao now wants to keep up with the enterprise blockchain competition in ...
The Bank of Korea’s central bank digital currency (CBDC) project started at the end of July 2021 and has been gaining traction ever since. According to an official report by ...
The first-ever Chilean Peso-pegged stablecoin is now live on the open-source Stellar payments network. This token now hopes to gain traction in remittance and copper markets. CLPX Inc, a Chile-based ...
