All posts tagged "digital currencies"
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496Crypto / Digital AssetsSWIFT to Develop Capabilities to Interlink CBDCs With Payment Systems
SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
May 26, 2022 -
765Asia-PacificBIS, Central Banks Complete Development of Multi-CBDC Prototypes
The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.
March 23, 2022 -
770Crypto / Digital AssetsRussia Considers Framework for Regulating Cryptocurrencies
The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.
February 25, 2022 -
1.8KAML / KYCIn Conversation With Nathan Newman, AUSTRAC
Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
February 11, 2022 -
550Australia & NZRBNZ to Commence Design Work on CBDC Proof of Concept
Governor Adrian Orr said falling behind other central banks is "not an option" and the RBNZ will soon begin POC design and testing for a CBDC.
February 10, 2022 -
677AML / 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 -
484AML / 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 -
513Asia-Pacific
Central 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 -
327Big 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 -
549FeatureBIS, 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
