Asia
China’s digital yuan gets smart contract functionality alongside new use cases
China’s central bank digital currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract...
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Hong Kong Lawmaker Willing To Convert Its CBDC to Stablecoin
As the digital asset ecosystem faces a massive upheaval in recent months, one Hong Kong lawmaker might have found an...
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Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CDBC), now proposing to issue a...
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Indonesia to launch national crypto exchange in 2023
Indonesia has announced plans to establish a national crypto exchange in 2023, according to a Bloomberg report, and the country also...
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China’s CBDC Wallet Utilizes AliPay’s Red Packets to Boost Adoption
The People’s Bank of China (PBoC) is looking for new ways to make the digital yuan the primary means of...
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Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin mining hub after the United States and China, found feasibility in launching its in-house central bank...
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Bank Indonesia publishes white paper with keen focus on wholesale CBDC
Indonesia’s central bank has announced that it will be upping the ante in its efforts to develop a central...
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The Reserve Bank of India to launch a retail CBDC pilot in December
Having tested the wholesale usage of its central bank digital currency (CBDC), the Reserve Bank of India (RBI) is preparing...
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Indian central bank on track to launch retail CBDC pilot next month
The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee...
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Bank of Korea finds performance issues with CBDC blockchain tech
The Bank of Korea completed the second phase of its retail central bank digital currency (CBDC) simulations in late June and today...
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