Governor of the Banque de France spoke to representatives of major European commercial banks, explaining the need to adopt the digital euro (CBDC) and outlining its benefits. François Villeroy de…
The Monetary Authority of Singapore (MAS) proposed common standards for different classes of digital assets. The initiative is already supported by several large tech and commercial companies. The MAS, which…
Deutsche Bank (DBK) plans to develop the digital asset and custody business, increasing fee income from servicing corporate clients. DBK, Germany’s largest financial conglomerate, applied to the Federal Financial Supervisory…
The Bank for International Settlements (BIS) immediately followed the IMF in proposing its version of a new type of infrastructure concept for the financial market, also involving central bank digital…
The IMF introduced the concept of a new type of payment platform for cross-border transactions that can work with digital assets based on blockchain or another way of technically implementing…
The Bank of England and the Bank for International Settlements (BIS) completed the second phase of Project Rosalind, a pilot project to study the British CBDC, informally called Britcoin. The…
Hong Kong’s financial market regulator insists that banking institutions help digital asset service providers by serving them as their customers. The Hong Kong Monetary Authority (HKMA) is putting pressure on…
A non-profit organization is developing a special tool that will track potential problems with civil liberties due to the development of central bank digital currencies (CBDC) in different countries. As…
The number of registered digital asset service providers (DASP) in France increased by 110% in 2022. According to the French financial markets ombudsman, who represents the non-governmental organization Autorité des…
Mitsubishi UFJ Financial Group (MUFG) is launching Progmat Coin, a platform that will allow Japanese banks to issue and maintain stablecoins. Financial holding company MUFG, the largest bank in Japan…