Chinese Cities Introduce Digital Yuan Payments During the Spring Festival (Report)
The Chinese authorities distributed over $26 million worth of e-CNY to the residents of Shenzhen, Jinan, Lianyungang, and Hangzhou.
The Chinese authorities distributed over $26 million worth of e-CNY to the residents of Shenzhen, Jinan, Lianyungang, and Hangzhou.
Cryptocurrencies pose both complementary opportunities and competitive threats to Visa, per the company’s annual shareholder report.Â
The proposed regulation also aligns with its shift towards a cashless society.Â
As of January, 2023, Nigerian residents will be allowed to withdraw $45 per day and $225 per week from ATMs.
The country launched an e-rupee pilot for the wholesale segment on November 1.
The National Bank of Kazakhstan decided to integrate its upcoming digital tenge into BNB Chain.
The youngest prime minister in modern UK history is a crypto believer.Â
SWIFT's CBDC experiment suggested that such monetary products can facilitate cross-border transactions and benefit the global financial network.
As part of the experiment, several central banks participated in the mBridge project, a multi-CBDC platform for international payments. Â
Stablecoins have the potential to "revolutionize both domestic and cross-border payments," Mhel Plabasan claimed.