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People’s Bank of China has confirmed that about one-fifth of the Chinese population had set up e-CNY (digital yuan) wallets.
CBDC, digital currency, digital wallet, central bank
The Digital Currency Monetary Authority (DCMA) has introduced a global regulatory framework for banking and financial services adoption of crypto and digital assets.
central bank, regulation, digital currency, cryptocurrency
Linardo Martinčević from the Croatian National Bank (CNB) and Péter Sajtos from the Central Bank of Hungary discuss the case of CBDCs in the CEE Region and globally
CBDC, stablecoin, fintech, central bank, regulatory sandbox, cryptocurrency, digital currency, digitalisation
The Reserve Bank of India (RBI) has lifted restrictions imposed in 2021 on Mastercard over issuing debit and credit cards to new domestic customers.
central bank, banks, regulation, debit card, credit card
Israel's central bank has teamed up with the Hong Kong Monetary Authority and the Bank of International Settlements' (BIS) Innovation Lab to test the feasibility of a central bank digital currency (CBDC) for retail.
CBDC, central bank, digital currency, digital assets, partnership
The Central Bank of Nigeria has announced extending the eNaira service to phones, after the launch of its central bank digital currency (CBDC) pilot in October 2021.
CBDC, digital currency, digital assets, cryptocurrency, central bank, stablecoin
The Senate of Jamaica has given The Bank of Jamaica (BOJ) the authority to issue Central Bank Digital Currency (CBDC) as legal tender locally.
CBDC, central bank, digital currency, regulation, DeFi
The Central Bank of Ghana (BoG) has announced it granted Vodafone Cash and CalBank customers the opportunity to test its online version of its digital currency (CBDC), the eCedi.
central bank, CBDC, digital currency, digital wallet, mobile payments, online shopping, online payments, financial institutions, digitalisation, financial inclusion, growth markets
Brazil’s new government blockchain network has gone live thanks to a cooperation agreement between the Court of Accounts of Uniam (TCU) and the Brazilian Development Bank (BNDES).
blockchain, central bank, product launch, transaction monitoring, financial institutions, data sharing
The UK has announced sweeping reforms aimed at the faltering audit regime in an attempt to clean up the sector following a string of high-profile scandals.
regulation, central bank, challenger bank, banks, fraud management
European Central Bank president Christine Lagarde has stated, according to Bloomberg, that crypto-currencies should be regulated to steer people away from speculating on them with their life savings.
digital euro, regulation, cryptocurrency, central bank
People's Bank of China and regulators have urged the nation’s lenders to step up support for the real economy and meet credit demand.
central bank, lending, regulation, banks, COVID-19
State Bank of Pakistan (SBP) has announced the integration of Central Directorate of National Savings (CDNS) with Raast payment system.
central bank, EMI licence, digitalisation, real-time payments, payment methods
Sweden-based Sveriges Riksbank has completed the first phase of the migration to TARGET Instant Payment Settlement (TIPS).
instant settlement, central bank, digital payments, instant payments, money transfer
The Central Bank of Argentina (BCRA) has ordered that banks and virtual wallets offer their clients the possibility of associating all the accounts that they have in their name through their applications, according to iproup.com.
central bank, data aggregation, financial data, banks, e-wallet, digital wallet
The regulatory and supervisory bodies of the financial and insurance market have published the Joint Resolution No. 5/2022, which provides for interoperability in Open Finance.
central bank, Open Finance, Open Banking
SWIFT, the organization responsible for messaging most cross border payments, has started a new set of CBDC interoperability experiments partnering with Capgemini.
central bank, digital currency, regulatory sandbox, CBDC, DeFi, blockchain
The European Central Bank has released another working paper on the digital euro, despite Europeans’ concerns regarding a central bank digital currency (CBDC)
central bank, digital euro, digital currency, cash, cashless, regulation, bank transfer, GDPR, CBDC
The Central Bank of Chile (BCCH) has announced it is considering issuing its Central Bank digital currency, the digital peso.
central bank, regulation, digital currency, digitalisation, digital banking, regulatory sandbox
United Kingdom’s Department of Treasury has shown intend to go ahead with legalising stablecoins as a form of payment.
treasury, central bank, stablecoin, regulation