Circle is seeking to be able to hold USD reserves with the Fed rather than with various financial partners. In the long run, a wholesale CBDC could be used.
March 23, 2023The RBI and CBUAE will conduct PoC and pilots on a bilateral bridge to facilitate cross-border CBDC transactions.
March 17, 2023The problem statements relate to digital banking services, priority sector lending, CBDC transactions, and blockchain scalability.
February 21, 2023The US's cautious approach to CBDCs could negatively impact the domestic economy, threaten the dollar's dominance and have implications for sanctions evasion.
January 30, 2023A CBDC could be supported by the use of privacy-enhancing technologies to anonymise data while still allowing for AML/CFT analysis, the BOJ says.
January 29, 2023One consultation will cover the attributes of a digital pound. The other will cover the UK's approach to regulating crypto and DeFi.
January 16, 2023Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.
January 9, 2023New requirements to report crypto-asset, e-money and digital currency transactions are expected to enter into force on 1 January 2026.
December 13, 2022Under the ‘Ubin+’ initiative, MAS will develop technical standards, infrastructure, and policy guidelines to support atomic settlement of FX transactions using CBDCs.
November 4, 2022Paxos provides has its own stablecoin (USDP) and provides infrastructure for Binance Coin. Circle is the issuer of stablecoins USD Coin and Euro Coin.
November 3, 2022