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Category: Central Bank Digital Currency (CBDC)

MUFG to Support Japanese Banks in Issuing Bank-Backed Stablecoins

June 5, 2023 Amabella Parent Blockchain Technology, Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency News, Ethereum, Japan, Regulatory Framework, Stablecoins Leave a comment

Mitsubishi UFJ Financial Group (MUFG), the largest banking institution in Japan, announced on June 2 that its “Progmat Coin” platform

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Central Bank of Hong Kong and UAE Collaborates to Formulate Crypto Regulations 

May 31, 2023 Amabella Parent Blockchain Technology, Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency Exchanges, Cryptocurrency News, Fintech, France, Hong Kong, Huobi, Regulator Warnings, Regulatory Framework Leave a comment

An official report issued by the central bank of Hong Kong in partnership with the UAE apex bank revealed two

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Crypto Exchange Bybit Receives Pre-Approval in Kazakhstan for Providing Custodial Services

May 31, 2023 Amabella Parent Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency Exchanges, Cryptocurrency News, Fintech, Regulatory Framework Leave a comment

The Dubai-based crypto exchange Bybit announced on Monday to receive license pre-approval from the Kazakhstan regulators. As part of Bybit’s

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Russian Policy Makers Proposes Amendment of Digital Ruble Bill

May 25, 2023 Amabella Parent Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency News, Regulatory Framework, Russia, Russia Central Bank Leave a comment

On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill

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Malaysia Regulators Orders Huobi to Cease Operation Cites Non-Compliance Issue

May 23, 2023 Amabella Parent Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency News, Huobi, Malaysia Leave a comment

The Securities Commission of Malaysia (SCM) has issued a report demanding Huobi to seize operations after failing to comply with

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Pakistan Imposes New Crypto Ban Despite High Adoption  

May 19, 2023 Amabella Parent Blockchain Technology, Central Bank Digital Currency (CBDC), Cryptocurrency News, Regulatory Framework Leave a comment

A recent report from the Pakistan authority reveals that the government will adopt restrictive measures for crypto assets. The announcement

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Ripple Launching CBDC Platform to Support Issuance of Digital Currency 

May 18, 2023 Amabella Parent Blockchain Technology, Central Bank Digital Currency (CBDC), Central Banks, China, Cryptocurrency News, Hong Kong, Regulator Warnings, Ripple Leave a comment

On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency

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Governor Ron DeSantis Restricts Use of CBDC in Florida

May 13, 2023 Amabella Parent Central Bank Digital Currency (CBDC), Cryptocurrency Exchanges, Cryptocurrency News, Regulatory Framework, U.S.A Leave a comment

On May 12, Governor Ron DeSantis banned the use of centralized digital dollar in Florida, commonly known as the Central

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Former Presidential Candidate Says FedNow is Working with the US Government to Pursue Anti-crypto Agenda

April 11, 2023 Sean Baker Bitcoin, Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency News, Regulatory Framework, USA Leave a comment

Former presidential candidate Robert F. Kennedy Jr. or Bobby Kennedy has recently sounded alarmed on the matter of FedNow’s collaboration

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Two Texas Legislators Propose a State-based Digital Currency Backed by Gold

April 9, 2023 Sean Baker Central Bank Digital Currency (CBDC), Central Banks, Cryptocurrency News, Texas, USA Leave a comment

CBDCs are a digitized mode of currencies that are issued as legal tender by the central bank of a country.

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