The Digital Dollar and the Rise of Global CBDCs
The Federal Reserve Bank of New York (FRBNY) recently launched a 12-week pilot program with nine major financial institutions to create a CBDC.
Source: theepochtimes.com
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Stagflation concerns drive public funds to seek safety in alternatives – survey
A slowing economy and inflation are the biggest concerns for public pension funds and sovereign wealth funds over the next 12 to 24 months.
Source: pionline.com
First Mover Asia: Tokocrypto Token Holders Benefit From Reports of Binance Acquiring the Indonesian Exchange
Good morning. Here’s what’s happening:Prices: Bitcoin's late surge sends it above $17K again.Insights: Tokocrypto would not confirm reports that B...
Source: businessinsider.com
Regulators in Japan, South Korea Want to Police Stablecoins
A Japanese financial regulator wants to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens, particualrly if they use KRW pegs. Find out more!
Source: cryptonews.com
Biggest motivation for central banks pursuing digital coins: staying relevant
A recent study on the various projects undertaken by central banks around the world has found that the most commonly named motivation is preserving their role in monetary provision.
Source: accountingtoday.com