CBDCs
Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bank of England Official: It's 'Probable' UK Will Launch a Digital Currency
Sir Jon Cunliffe expressed the concern that consumers may find stablecoins more attractive than bank offerings.
What If Somebody Hacks the Money Pipeline Next?
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
Card-Based Digital Yuan Wallet Manufacturer to Use Fingerprint ID Tech
China’s Chutian Dragon, a smarts cards manufacturer, is reportedly making a card-based wallet for the digital yuan with fingerprint identification technology. “The Hash” panel weighs in on the global direction of central bank digital currencies (CBDCs), surveillance, and tracking.
Israel’s Central Bank Considers Issuing a Digital Shekel
The central bank is to focus more effort on CBDCs as a potential benefit to payments and the digital economy.
Kazakhstan Plans Central Bank Digital Currency Pilot: Report
The bank said before a CBDC can be issued it is necessary to conduct a comprehensive study of the benefits and risks.
Republic of Georgia's Central Bank Is Researching a Digital Currency
The National Bank of Georgia hopes a digital lari would improve the efficiency of financial services.
