Wednesday, February 8, 2023
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BIS to launch stablecoin monitoring project and up focus on CBDC experiments

The Bank for International Settlements (BIS) will heighten focus on experimenting with Central Bank Digital Currencies (CBDCs) this year via its research and development arm and will also launch a new project to monitor stablecoins.On Feb. 7, the Switzerland-based so-called “bank for central banks” announced its Innovation Hub will "increase

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Laotian CBDC proof of concept project to launch using system pioneered in Cambodia

Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of a proof-of-concept project for a Laotian central bank digital currency (CBDC). Under the agreement, a digital form of the Lao

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UK Bitcoin community reacts to incoming CBDC and digital pound rollout

The UK Government's economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as "Important, complex, and cross-cutting" and will "require extensive engagement across and beyond the HM Treasury."According to the

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