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VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain.
Digital economy needs CBDC as risk-free asset, say panellists at ECB’s Sintra conference
Southern European country Albania is reportedly on track to begin taxing digital currency earnings as of 2023. Individual miners could be charged up to 15% of capital gain tax.
The remarks from the regulator’s chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world.
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.
Observers note de-dollarisation and spread of e-yuan as potential motivations
Digital currency payments company Ripple Labs Inc has announced a new hackathon dubbed the CBDC Innovate Challenge for developers who can build XRP Ledger-powered payment solutions bordering on Cen
"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes.
The bank is exploring technological solutions and platforms for its own digital currency.
The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.
Hyun Song Shin lays out vision of payments innovation backed by CBDC
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.