central bank Philippines begins Peso-backed stablecoin sandbox testing The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential ... By VirtualCoinCap4 days ago
Singapore to restrict retail crypto speculation with new rules According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and FOMO ... By VirtualCoinCapNovember 24, 2023 central bank
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS report The answer again is regulation, although this time, the suggested regulation looks a lot like central bank ... By VirtualCoinCapNovember 18, 2023 bis
Singapore introduces 5 new pilots to test asset tokenization The latest initiatives by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized ... By VirtualCoinCapNovember 15, 2023 BNY Mellon
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank ... By VirtualCoinCapNovember 2, 2023 Banks
Hong Kong advances CBDC pilot, bringing e-HKD trials to phase 2 Phase one was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits and the settlement of ... By VirtualCoinCapOctober 31, 2023 CBDC
Central banks want to look under crypto’s hood — Is this a positive sign? The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests ... By VirtualCoinCapOctober 18, 2023 bis
South Korean exchange Upbit gets initial license nod from Singapore Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto ... By VirtualCoinCapOctober 15, 2023 central bank
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’ Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks and bullish on Bitcoin and ... By VirtualCoinCapOctober 12, 2023 Banks
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why. By VirtualCoinCapOctober 10, 2023 Bitcoin Price
Ripple gets formal approval for Singapore payments license Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore. By VirtualCoinCapOctober 4, 2023 central bank
Latvia central bank opens to fintech with ‘Innovation Hub’ The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects ... By VirtualCoinCapSeptember 19, 2023 central bank
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress The bill would limit the Fed from issuing a CBDC, which Tom Emmer called a surveillance tool ... By VirtualCoinCapSeptember 13, 2023 CBDC
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address ... By VirtualCoinCapSeptember 12, 2023 bis
CBDCs will gradually displace private banks, says Russian lawmaker Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the ... By VirtualCoinCapSeptember 6, 2023 Banks
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo ... By VirtualCoinCapAugust 30, 2023 CBDC
Crypto amplified financial risks in emerging markets: BIS papers The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of ... By VirtualCoinCapAugust 22, 2023 bis
Colombia central bank recommends limiting CBDC holdings and spending Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according ... By VirtualCoinCapAugust 17, 2023 Banks
Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, ... By VirtualCoinCapAugust 11, 2023 Bank of Canada
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192715 views