central bank digital currencies (CBDCs)

Cryptocurrency

Why Singapore, Hong Kong want money to serve a purpose

If central bank digital currencies become wildly popular, banks could lose a big chunk of customers’ funds and may have to curb lending.
The future of money: Benefits and barriers to adopting CBDCs in Apac - THE EDGE SINGAPORE

In Focus

The future of money: Benefits and barriers to adopting CBDCs in Apac

Ensuring interoperability and implementing safeguards to mitigate risks will ensure we can realise all the benefits of CBDC.

News

Mastercard demonstrates interoperable CBDC for trusted Web3 commerce

This provides consumers with a new option to participate in commerce across multiple blockchains with increased security and ease.

Banking & finance

DBS launches e-CNY merchant collection solution in China amid growing CBDC usage

DBS is one of the first foreign banks in China to launch an e-CNY solution.

Digital Economy

MAS to test concept of purpose-bound digital SGD at SFF 2022 and through other means

The central bank had released a report detailing the uses of purpose-bound digital SGD.

US Economy

Yellen says a digital dollar would take years of development

"Issuing a CBDC would likely present a major design and engineering challenge that would require years of development, not months.

Cryptocurrency

Central banks face a moment of truth on crypto

"We are fast approaching a moment of truth for central banks’ ability to get a grip on their role in our crypto future."

Cryptocurrency

Digital finance without cryptocurrencies

Given the diverse policy responses, how should we assess the social costs and benefits of different types of digital currency?
Five trends that will shape Asia's financial services industry in 2022 - THE EDGE SINGAPORE

Tech

Five trends that will shape Asia's financial services industry in 2022

What should APAC financial institutions do to help develop a more digital, connected, inclusive and sustainable world?
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