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China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
The world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies.
In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency.
Authority notes risks around cyber security and removing intermediary banks
New estimate would have the Bank of Mexico’s digital currency arriving in 2025
Regardless of who wins the presidency, France is unlikely to deviate from the pan-European regulatory approach.
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project.
Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy.
Officials reflect on trade-offs involved in crypto assets and new payments technology
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas.
Steven Kamin says CBDCs may be particularly beneficial to emerging market economies