China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
China has made its CBDC interest-bearing, reshaping incentives for users and banks. The decision could force global central banks to rethink CBDC design.
Bridge platform—a collaborative initiative spearheaded by China for cross-border payments using CBDCs—exceeded $55B in transaction value.
In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform. China-led cross-border digital ...
The European Central Bank confirmed its digital euro project will reach a launch decision following successful pilot programs with commercial banks and payment providers. The ECB is conducting ...
The world economy is currently undergoing a major transformation, marked by the widespread move to central bank digital currency (CBDC). Comparable to the introduction of paper money in 18th century ...
The FSC reportedly argued that crypto exchanges function as critical market infrastructure, making it necessary to prevent excessive concentration of profits. Subscribe The most engaging reads in ...
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