China FX regulator supports CBDC amid monetary policy

2023-10-13 11:40

A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of… origin »

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foreign cbdc exchange regulator administration safe state

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Источник: Cripyo.news

foreign cbdc → Результатов: 11

India negotiates cross-border CBDC payments with global central banks

The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves.

2023-7-5 13:15	CBDC
cbdc potential country enhance should foreign nations

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Florida governor signs CBDC bill into law, restricting some uses of US and foreign CBDCs

The new law, signed by Governor Ron DeSantis, also urges other states to take action against the potential introduction of CBDCs through their commercial codes.

2023-5-13 19:58
cbdcs governor law states urges take against

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Foreign trade and pensions: What’s next for Russia’s CBDC project?

The Russian digital ruble pilot launch was delayed until at least May, but the government still hopes to kick off the currency in 2024.

2023-4-21 16:23	Banking
government may least until still hopes 2024

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Russia pushes foreign CBDC transactions as sanctions tighten

In the first quarter of 2023, the Russian central bank will look into two potential cross-border CBDC settlement methods.

2023-1-11 10:39	sanctions
cbdc look central bank two methods settlement

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Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs

The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated market makers (AMMs), according to a November 2 blog post.

2022-11-3 19:12	CBDCs
explore amms bis markets settlement cbdc exchange

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Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report

The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says.

2022-10-26 10:00	policy
new bank report exchange transactions foreign project

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Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of cryptocurrency for foreign trade.

2022-9-22 00:50	Иран
introduction rial crypto years comes heels foreign

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Australian Senator Includes China’s Digital Yuan CBDC Requirements in New Digital Assets Bill

Australian Liberal Senator Andrew Bragg has introduced a bill to regulate crypto assets so that the country 'keeps up with the global pace' in handling rules for digital assets. The bill also mentions potential frameworks for foreign CBDC use in the country.

2022-9-19 13:45	Digital Yuan
assets digital bill australian senator country cbdc

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CBDC: European Central Bank exec worries digital euro may hurt foreign currencies

Crypto investors know well by now that institutions like the European Central Bank [ECB] are suspicious of stablecoins and often warn of their risks. On 10 December, Fabio Panetta, an executive boaThe post CBDC: European Central Bank exec worries digital euro may hurt foreign currencies appeared first on AMBCrypto.

2021-12-11 02:30	News
central bank european currencies cbdc foreign hurt

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Central Bank of Nigeria Looking to Launch CBDC in 2021

An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the end of 2021. CBN’s CBDC Project to Improve Foreign Remittance Transfers According to the News Agency of Nigeria on Thursday (June 10, 2021), Rakiya Mohammed, an IT specialist at theRead More

2021-6-12 23:01	Nigeria
central cbn nigeria cbdc 2021 bank transfers

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Nigeria’s central bank plans CBDC pilot launch before the end of 2021

The Central Bank of Nigeria says it is gearing up to test a sovereign digital currency to ease foreign remittance restrictions.

2021-6-11 12:04	Central Bank
nigeria bank central test gearing digital remittance

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China pushes Shanghai’s digital yuan model to national free trade zones

China is expanding its CBDC pilot program to its free trade zones.

China’s Industrial Bank rewards digital yuan spending with carbon credits

Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing.

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

Digital yuan being dumped in favor of cash

While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital…

Standard Chartered to offer support for China’s digital yuan

Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services.

PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report

PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.

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2023-10-13 11:40

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