Financial Inclusion
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Hong Kong Monetary Authority Announces Plans for Digital Hong Kong Dollar
According to reports, on April 28th, the Hong Kong Monetary Authority (HKMA) released its 2022 Annual Report. In terms of the digital Hong Kong dollar, it is pointed out that the M
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The Digital Euro: Balancing the Benefits and Risks
According to reports, a document drafted for the European Parliament states that the digital euro system should not limit users\’ holdings and argues that the risk of abandoning tra
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WeChat Payment Launches Digital RMB Transactions for Merchants
On April 26th, according to official WeChat news, WeChat users can activate \”WeChat Payment\” under the wallet quick payment function in the digital RMB app from now on. They can ch
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Stable Currencies: The Future of Trading?
According to reports, Patrick Hansen, the EU policy leader of Circle, tweeted that even in the current market environment, the trading volume of stable currencies looks incredibly
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Central Bank of Nigeria Fines United Bank for Violating Cryptocurrency Regulations
It is reported that the Central Bank of Nigeria (CBN) imposed a fine of 200 million naira (about 433000 US dollars) on United Bank (UBN) because the bank violated the country\’s reg
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Circle: USDC can enhance US economic competitiveness and national security interests
It is reported that, according to Circle\’s official blog, the issuer of the USDC stable currency attended the hearing on Understanding the Role of Stable Currency in Payment and th
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China Postal Savings Bank Disburses Digital RMB Enterprise Loan Discount Funds to Six Local Enterprises
According to reports, China Postal Savings Bank Hebei Xiong\’an Branch, in collaboration with the Xiong\’an New Area Reform and Development Bureau and the Xiong\’an New Area Business
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Understanding the Pros and Cons of Retail CBDCs: What You Need to Know
According to reports, recently, Federal Reserve Governor Bowman delivered a speech on CBDC, and Bowman generally supports wholesale digital dollars. But Bauman believes that the tr
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Understanding Federal Reserve Governor Bowman’s Views on CBDC
According to reports, recently, Federal Reserve Governor Bowman delivered a speech on CBDC, and Bowman generally supports wholesale digital dollars. But Bauman believes that the tr
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TBD and Yellow Card Launch Bitcoin Payment Channel in 16 African Countries
According to reports, TBD and Yellow Card, a cryptocurrency trading platform focused on Africa, have recently collaborated to launch a legal entry and exit channel that can make pa
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Central Bank’s Digital Currency (CBDC): The Future of Financial Regulation or Totalitarianism?
It is reported that over the weekend, the discussion about the Central Bank\’s digital currency (CBDC) became popular on social media because many people believed that this idea wou
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Bank of England Vice President Supports More Work in Digital Currency Sector
According to reports, Bank of England Vice President Canliffe has expressed support for more work in the central bank\’s digital currency sector. 90% of people use contactless credi
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Exploring the Future of Digital Yen: Insight into Japan’s Pilot Plan and Expert Meeting
On April 14th, after the Bank of Japan launched a pilot plan to test the use of digital yen this month, the Ministry of Finance of Japan plans to hold an expert meeting on April 21
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The Truth Behind Chivo Wallet’s Frozen Accounts: An Investigation
On April 8th, multiple sources stated that the Bitcoin wallet Chivo issued by the Salvadoran government has been freezing the wallet and requesting the owner to verify the source o
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Robert F. Kennedy Jr. Running for President in 2024 and His Views on CBDC
According to reports, according to multiple news reports, Robert F. Kennedy Jr. submitted his candidacy documents for the 2024 Democratic presidential candidate to the Federal Elec
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The Impact of CBDC on Blockchain Adoption
According to reports, Ronit Ghose, the global head of Citibank, stated that CBDC will become a driving force for more people to use blockchain. The encryption industry is reaching
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Expanding the User Base of Digital Rupees: CBDC-R
According to reports, two people familiar with the matter stated that the goal of the architect of the Retail Bank of India\’s Digital Currency (CBDC-R) is to expand the user base o
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The Central Reserve Bank of Peru Reaches the Final Stages of CBDC Implementation
On April 6, it was reported that the Central Reserve Bank of Peru (CBRP) announced on its official website that it had completed the research phase of CBDC for functionality and in
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The Future of Overseas Remittances: The Rise of Bitcoin and Ethereum
On April 5th, it was reported that when Americans use traditional financial systems to send money to their families and friends overseas, they incur an annual remittance fee of ove
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UBS Uses Distributed Ledger Repurchase for Intraday Cross-Border Transactions
According to reports, UBS conducted its first intraday cross-border repurchase transaction with a global Asian bank using Broadridge\’s Distributed Ledger Repurchase (DLR). Beatriz