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South Korea’s Central Bank is Set to Launch CBDC Trials for Real-World Transactions under the “Digital Test Project Hangang,” According to Local Reports Citing Bok Officials. The three-month program is said to involve seven banks and 100,000 participants that will be testing blockchain technology’s room in finance. The Bok Reportedly Sees This Large-SCALE PILOT as…
The Central Bank of the UAE (CBUAE) Plans to Launch Its digital dirham Central Bank Digital Currency (CBDC) Between October and December. On Thursday, the bank said that the digital dirham token will improve security and efficiency of financial transactions, while reduction the costs of facilitating national and internal payments. The cbuae has also also…
Kazakhstan, Aiming to Advance trials of its digital tenge CBDC this year, has sought the uae’s expertise to explore the web3 sector. In a recent development, the national bank of kazakhstan signed an mou with the central bank of the uae (cbuae) to collaborate on Fintech, Cybersecurity, and CBDCS. Kazakhstan also intends to levelge the…
The us is considering rejecting the creation of a Central Bank Digital Currency (CBDC) through the Anti-CBDC surveillance state act. Unlike Cryptocurrencies, A CBDC is a Blockchain-Based Digital Version of Fiat Currency Issued and registered by a Central Bank.Republican Lawmakers, LED by Congrsman Tom Emmer, ARE PUSHING This Bill to Prevent Financial Survelance of Us…
