Chinese municipal bank issues first digital yuan loan holding IP as collateral
China’s central bank digital currency (CBDC) pilot testing continues to onboard new use cases for the digital yuan. The country has now...
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India eyeing phased roll out of Central Bank digital currency
The Reserve Bank of India is considering a “phased introduction” of a central bank digital currency as it will need legal changes to be...
Brazil’s retail giant Magalu receives CADE, Central Bank approvals to acquire ‘Hub Fintech’
This makes Magalu a payment institution regulated by the Central Bank, integrated into the Brazilian payment system, and offering PIX,...
Bahrain’s central bank to pilot digital dollar with JP Morgan and Bank ABC
The three entities will test an instantaneous cross border payment solution, which will include the use of digital currencies. It will...
Aussie Central Bank considers regulating e-payments fees
The Reserve Bank of Australia is considering reducing the cost of electronic payments for merchants and consumers as COVID-19 makes...
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