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CBDCs
Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto
The Central Bank of Iran is now allowing its banks to interact with cryptocurrencies and say mined crypto can pay for imports. “The Hash” panel discusses Iran’s changing crypto stance and the pros and cons of issuing central bank digital currencies (CBDCs).
Ant Group Has Been Working With China’s Central Bank on Its CBDC Since 2017: Report
The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.
Norway’s Central Bank to Test Technical Solutions for a CBDC Over Next Two Years
The bank said the motivation for research into CBDCs remains strong as many other central banks around the world are carrying out similar experiments.
CBDCs and Stablecoins: The Regulatory Battle to Come
As central bank digital currencies do battle with stablecoins, dollar-backed projects will have to work hard to ensure independence.
Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.
Bank of England and HM Treasury Launch Taskforce for UK CBDC
This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.
PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them 'Alternative Investment'
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
Dogecoin Swells Over 80% in Asia Hours; China’s CBDC Pilots Turn One
Dogecoin prices surged during Asia trading hours, thanks to celebrity hype from Tesla CEO Elon Musk and fellow billionaire Mark Cuban.
China’s Digital Yuan Is No Threat to US Dollar, Says Bank of Japan Official: Report
“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.
Riksbank Says Sweden Could Have a Digital Central Bank Currency in 5 Years: Report
Riksbank Governor Ingves said Sweden is entering a post-cash era.
