In a separate note, JP Morgan says the Fed's decision to prevent stablecoins from accessing its overnight facilities could risk disruption in funding markets.
October 2, 2023Singapore banks are red-flagging, reviewing, restricting and/or closing accounts of customers from China, Vanuatu, Dominica, Cyprus, Cambodia, Turkey, and St Kitts and Nevis.
September 25, 2023Ari Redbord and Angela Ang discuss recent developments which made the summer of 2023 a hot one for stablecoins.
September 18, 2023New use cases for the solution, developed by Swift, are also being tested in a new sandbox environment by the RBA, BOT, CLS and other institutions.
September 14, 2023The Australian Taxation Office clarifies that it does not consider crypto assets such as non-fungible tokens and stablecoins as digital currencies for GST purposes.
July 10, 2023Circle said receiving the licence is a “significant step forward” for the firm and the future of financial infrastructure and dollar digital currencies in Asia.
June 8, 2023The eAUD was traded for foreign currency stablecoin USDC, representing the first foreign exchange transaction using the RBA's pilot CBDC.
May 19, 2023Circle 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, 2023