The Business Times

Central Bank Digital Currencies (CBDCs)

Banking & Finance

Swift and top global banks working on blockchain-based overhaul

research programmes and market incentives need to support faster innovation in digital assets that remain in their infancy.
Wealth & Investing

How cryptocurrencies accelerate geopolitical shifts

Cross-border QR code payment between Singapore and Malaysia, which  allows customers of certain financial institutions to make retail payments  by scanning their Nets QR code (for payments in Singapore) or DuitNow QR codes (for payments in Malaysia).
ASEAN Business

Asean’s QR linkage push to go local could chip away at greenback’s grip

The change reflects the dwindling interest globally in the creation of state-led digital currencies as stablecoins and other payment innovations emerge.
Banking & Finance

Bank of England considers shelving plans for a digital pound

FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Opinion & Features

Digital money and the art of the impossible

The US Federal Reserve has conducted research on central bank digital currencies, but has made clear on multiple occasions that it currently has no plans to put one into circulation.
International

Trump bans the creation of a ‘digital dollar’

Singapore has been taking the lead in regulating fintech, aiming to take advantage of new technologies while minimising risks.
Banking & Finance

MAS chief Chia Der Jiun on crypto, AI and battling inflation

Among MAS' new initiatives is supporting industry efforts to build commercial networks for payments, capital raising, and secondary trading of tokenised assets.
Crypto & Alternative Assets

MAS to drive digital assets trading, announces plans for more tokenisation

The RBA and Treasury would still reassess the merits of a retail CBDC over time and plan a follow-up paper in 2027.
Banking & Finance

Australia’s RBA to prioritise wholesale CBDC work over retail

China has seen the use of its prototype e-CNY nearly quadruple to seven trillion yuan of transactions according to officials.
Banking & Finance

Central bank digital currency momentum growing, study shows

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