All posts tagged "digital currencies"
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542AML / KYCParallel Myanmar Government Recognises Tether as Official Currency
The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.
December 14, 2021 -
431AML / KYCUS Signals More Balanced Approach to Sanctions Policy
The US will move to a sanctions policy that is more clearly linked to policy objectives and reduces harm caused to individuals and businesses.
October 23, 2021 -
413Asia-PacificCentral Banks Create Prototype Platform for mCBDC Settlements
The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
September 29, 2021 -
268Big PictureCBDCs Theaten to Eat Into Banks’ Remittance Fees: Moody’s
Fees and commissions banks charge for cross-border transactions will be reduced with wide adoption of CBDCs.
September 21, 2021 -
412FeatureBIS, Four Central Banks Partner to Test Cross-Border CBDC Use
The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.
September 3, 2021 -
394FeatureMAS Launches Global Challenge for Retail CBDC Solutions
Fintechs, financial institutions and solution providers from around the world are invited to submit innovative solutions that can address 12 problem statements.
June 29, 2021 -
592Fintech / RegtechDBS Issues First STO on New Digital Exchange
The issuance paves the way for other issuers to access the capital markets through STO issuances as asset tokenisation turns mainstream, DBS says.
June 2, 2021 -
254AML / KYCKorean Crypto Exchanges Face “Existential Crisis” – Report
Crypto exchanges have until 24 September to partner with banks on real-name accounts as a requirement for a business licence from the FSC.
May 28, 2021 -
281Big PictureInfrastructure Critical for Successful CBDC Development – Report
A new report analyses the four axes of consideration for the design features of all CBDCs, as proposed by the IMF, and the implications each choice has on infrastructure.
May 22, 2021 -
360Big PictureCBDCs Present Central Banks with Risk-Benefit Trade-off: Fitch
The potential for funds to move quickly into CBDC accounts could cause credit strains in some banks and push up interest rates.
May 21, 2021
