The MAS Chief Fintech Officer said the successful test was “a big step towards enabling more efficient and integrated global financial networks.”
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Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed.
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Australia Issues White Paper for Central Bank Digital Currency
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its
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China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative
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Central Bank of China Calls for Increasing Use of Digital Yuan
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes
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Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary
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