Singapore proposes a common standard to specify conditions for the use of digital currencies such as stablecoins, tokenized bank deposits, and central bank digital currencies.
Category: Central Bank Digital Currencies
Hong Kong To Lay Foundations For A Native Digital Currency
The Hong Kong Monetary Authority (HKMA) released a report on Friday (June 9) stating that it is preparing to start establishing a retail central bank
Florida Becomes The First US State To Ban CBDCs
What comes as a shocker to the US government, Florida Governor, Ron DeSantis, has officially banned the issuance and use of Central Bank Digital Currencies
Bank Of Israel Issuing “Digital Shekel” CBDC
The Bank of Israel planning to issue its central bank digital currency (CBDC) digital shekel, the Israel central bank said on Monday. The central bank
Digital Dollar Developments Gather Steam Led By US Treasury
In comparison to the other big economies, the United States has been very slow in testing its central bank digital currency (DBDC) aka Digital Dollar.
BIS Head Favors CBDC, Dismisses Crypto As Trustworthy Source
The argument for establishing digital currency as an alternative to fiat currency has come to an end according to Agustin Carstens, who is the head