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Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

[Sep 26 2:30 AM] The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as…

Thailand distributing digital money to 45M citizens to boost economy

[Jul 24 10:11 AM] The controversial plan began as a campaign promise and will help lower-income Thais buy more.

Citi: Brazil Is at the Top of Digital Money Initiatives in Latam

[Apr 29 11:38 PM] A recent report by Citi, a global financial institution, has put Brazil at the top of the nations leading the digital money initiatives in Latin America. The report states that Brazil features a combination of factors that ease the adoption of…

Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

[Feb 28 6:30 AM] The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a…

Thailand delays digital money handout, critics call for probe

[Oct 23, 2023 4:04 AM] Thailand’s government has delayed the launch of a planned digital money program aimed at stimulating its economy, while opposition leaders call for a probe of the scheme.

Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor

[Apr 14, 2023 8:00 AM] Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a…