Regulation
US legislators to discuss CBDC prevention bill on Sept. 20
The U.S. House Financial Services Committee announced last Friday that it will discuss a new bill to prevent the issuance of a CBDC.
Danny Park
Lens
CBDC – Central Bank Digital Currencies
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Regulation
Nepal central bank plans CBDC within two years, crypto and stablecoin still excluded, says spokesperson
It has been more than a year since Nepal’s central bank, the Nepal Rastra Bank, initiated amendments to the law to enable the issuance of the digital version of the Nepalese rupee. What is the status of its CBDC?
Jenny Ortiz
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Bitcoin News
Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).
Pradipta Mukherjee
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Opinion Pieces
Why smart money is pushing the big idea of ‘purpose-bound money’: Opinion
Recently proposed by Singapore in collaboration with fintech heavy hitters, PBM can be a powerful tool for promoting accountability and efficiency, writes Anndy Lian. But it’s not without risks.
Anndy Lian
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Altcoins
Tourists from Mainland China can now shop in Hong Kong with Chinese CBDC
Mainland tourists can now shop in Hong Kong with Chinese CBDC, as part of a digital yuan shopping festival launched this week by the Bank of China (Hong Kong).
Tom Zuo
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Advanced Blockchain Technologies
Blockchain Alliance’s Raj Kapoor says the technology can reshape India’s governance systems
Kapoor founded the India Blockchain Alliance five years ago and gives an update on how the technology is being used in police reports to real estate transactions, as well as challenges of CBDC adoption and plans for tokenization of assets. He spoke in an interview for Forkast IQ.
Pradipta Mukherjee
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Regulation
EU publishes draft bill for digital euro and cash payments
The European Commission released two proposals on Wednesday, one for the digital euro, the ECB's CBDC, and a legislative proposal to safeguard the role of cash.
Zoltan Vardai
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Bitcoin News
Shanghai Clearing House launches digital yuan services for commodity trading
The Shanghai Clearing House started digital yuan clearing and settlement services for trading in commodities on Monday.
Tom Zuo
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Altcoins
Singapore central bank, Amazon, IMF unveil ‘purpose-bound’ money technical concept
The Monetary Authority of Singapore (MAS) released on Wednesday a whitepaper for “purpose bound” money, detailing a technical overview of digital currencies designed for specific purposes.
Pradipta Mukherjee
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Regulation
IMF says common global CBDC platform, rules needed for international transactions: Reuters
Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF's Kristalina Georgieva said.
Danny Park
