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CBDCs
MAS to Explore Options for Connecting m-CBDC Platforms
By Sanday Chongo Kabange | 30/04/2021
MAS is partnering with the BIS Innovation Hub and central banks to design, develop and test new m-CBDC models for cross-border settlement.
Payments & Settlements
DBS, JP Morgan, Temasek Team Up on Cross-border Payments
By Manesh Samtani | 28/04/2021
An open platform will be developed to enable real-time cross-border multi-currency payments, trade finance, foreign exchange and DVP securities settlements.
CBDCs
China: Fintech Giants Pledge to Support Digital Yuan Push
By Sanday Chongo Kabange | 28/04/2021
Ant Group, Tencent, Huawei and JD.com have revealed that they were involved in the development and testing of the digital yuan.
CBDCs
Macau Amends Legal Framework to Enable Digital Yuan Adoption
By Sanday Chongo Kabange | 27/04/2021
Use of the fully traceable digital yuan will help Chinese authorities curb money laundering and illicit cross-border gambling.
Custody & Infrastructure
Blockchain Groups Form New ASEAN Consortium to Drive Adoption
By Editors | 27/04/2021
Members include blockchain associations in Singapore, Indonesia, the Philippines, Malaysia, Thailand and Australia.
Tokenisation
DBS Goes Live on Trade Finance Network Contour
By Editors | 27/04/2021
Digital LC capabilities will be offered in Australia, China, Hong Kong and Singapore via Contour from this month.
Cryptocurrency
US House Passes Bill to Foster Innovation in Digital Assets
By Editors | 25/04/2021
The bill will require the SEC and CFTC to establish a digital asset working group to ensure collaboration between regulators and the private sector on digital assets.
Custody & Infrastructure
UK Taskforce Publishes Digital Dispute Resolution Rules
By Sanday Chongo Kabange | 25/04/2021
The rules allow parties to digital transactions to quickly resolve disputes through arbitration, where decisions are implemented within smart contracts.
Anti-Money Laundering
Taiwan to Require Crypto Sector to Comply with AML Rules
By Sanday Chongo Kabange | 21/04/2021
Crypto exchanges and trading platforms will have to comply with AML requirements for conventional banks starting 1 July.
CBDCs
HM Treasury, BOE Form CBDC Taskforce to Explore ‘Britcoin’
By Sanday Chongo Kabange | 21/04/2021
The taskforce will coordinate work to explore a potential ‘Britcoin’, though a decision has not been made on whether a CBDC would be introduced.
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