Digital currencies

Europe needs the digital euro

The RBI has publicly expressed interest in linking India’s digital rupee with other nations’ CBDCs to expedite cross-border transactions and bolster its currency’s global usage.

India’s central bank proposes linking Brics’ digital currencies: sources

The launch of a digital Singdollar will further cement Singapore’s reputation as a leading global financial centre at the forefront of future technologies.

Future of money: Piyush Gupta makes the case for a digital Singapore dollar

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

Bank of England considers shelving plans for a digital pound

MAS' position has been communicated since its first response to public consultation, which was issued on Feb 14, 2022.

Digital token service providers need licence to solely serve overseas customers: MAS

The fact is that the eurozone is already shockingly dependent on American payment mechanisms.
THE BOTTOM LINE

The battle for the global payments system is underway

Some investors in Asia are long-time enthusiasts who have already weathered the ups and downs, while others recently jumped in.

Asia’s retail investors hunt for fabled crypto riches

The trial is the latest stepping stone to creating a viable commercial system that all banks can use for tokenised deposits and securities.

Barclays, Citi are among banks testing tokenised deposits in UK

Around 90 per cent of the world’s central banks are now exploring digital versions of their currencies.

Swift planning launch of new central bank digital currency platform in 12-24 months

While many perceive no real advantages to CBDCs, a significant number of people in many countries go even further and consider them to be a potential threat.

Consumers need compelling reasons to use central bank digital currencies