All posts tagged "CBDC"
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1.3KBig PictureFintech Week: HKMA Announces New Fintech Initiatives
As part of an ecosystem approach to fintech development, HKMA chief Eddie Yue wants to work with FIs, end users and technology firms to drive innovation in financial services.
November 7, 2019 -
432ChinaChina Almost Ready to Release Central Bank Digital Currency
PBOC deputy director for payments Mu Chungchun said the new digital currency and electronic payment system that would not rely entirely on blockchain.
August 13, 2019 -
586EnforcementGovt Panel Formally Recommends Complete Crypto Ban in India
An inter-ministerial committee has formally recommended a complete ban on cryptocurrencies in India and to punish any crypto-related activity with up to 10 years' jail.
July 24, 2019 -
644Asia-PacificBOT Concludes Project Inthanon’s Second Phase
Phase 2 used smart contracts to automate bond lifecycle events, and introduced pre-validation to reduce error and fraud in funds transfers. Phase 3 will be a joint effort with the HKMA.
July 22, 2019 -
1.3KChina
China to Respond to Libra with Government Backed CBDC
The PBOC is organising market-oriented institutions to jointly research and develop a central bank digital currency, in a programme that has already been approved by the State Council.
July 11, 2019 -
1.0KAsia-Pacific
Hong Kong, Thailand Central Banks Sign Fintech Collaboration Agreement
HKMA and BOT have agreed to collaborate on fintech innovation, including through a joint research project on the development of a central bank digital currency.
May 15, 2019 -
354Fintech / RegtechCrypto ‘Poor Substitute’ for Conventional Money – BIS
Lack of trust, poor efficiency and vast energy use are cited among other reasons for cryptocurrency’s limited potential to replace conventional money in the latest BIS annual report.
June 21, 2018
