In a momentous leap towards the future of finance, the United Arab Emirates (UAE) has announced its ambitious plan to introduce a Central Bank Digital […]
Category: Asia News
India’s Push Towards a Programmable and Offline Digital Rupee
In a significant move toward modernizing its monetary infrastructure, the Reserve Bank of India (RBI) has announced plans to enhance its digital currency capabilities. This […]
From Minsk to Moscow: Belarus’ Digital Ruble Journey Mirrors Russia’s CBDC Ambitions
Amid the perpetual shifts in the digital finance panorama, the Republic of Belarus is poised to embark on a groundbreaking journey that mirrors its Russian […]
The Bank of Russia Takes a Unique Approach in Unveiling its Digital Ruble
In the rapidly evolving landscape of central bank digital currencies (CBDCs), the Bank of Russia has taken a distinctive path by planning to establish a […]
Japan’s Journey with CBDC Towards a Cashless Future
In a trailblazing development, Japan’s central bank and the Finance Ministry convened for their inaugural meeting on Friday to delve into the prospects of launching […]
mBridge Chronicles: Navigating Geopolitical Storms in Cross-Border Payments
In a world where financial systems are constantly evolving, the Hong Kong Monetary Authority’s (HKMA) announcement last year about the imminent launch of the mBridge […]
Currency Clash: Private Digital Currencies and the Enigma of Central Bank Digital Currencies
In a trailblazing study article from the International Journal of Economic Policy Studies, Huseyin Oguz Genc and Soichiro Takagi thrust the ever-evolving discourse on central […]
e-CNY CBDC Under Siege: Unmasking the Rise of Fraud and Money Laundering
In recent years, the proliferation and widespread adoption of the e-CNY have marked a significant milestone in the evolution of financial technology. The dual advantages […]
CBDC in Action: Bank of Korea’s Pilot Project Signals a Digital Currency Future
In a landmark decision on December 28, 2023, the Bank of Korea (BOK) under the leadership of Governor Rhee, Changyong, approved a groundbreaking Monetary Policy […]
Money in the Digital Archipelago: Indonesia’s Journey into CBDC Territory
Taking a groundbreaking approach, Indonesia’s financial regulatory authority has announced its blueprint to introduce a pilot program for the virtual rupiah, a digital adaptation of […]