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Tag: cbdc

Retail Asia06/04/2022
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Finance

More Central Banks Mulling Digital Currencies

3min0
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that Nigeria’s eNaira scores high in retail models, with Thailand the frontrunner among wholesale […]
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Retail Asia09/11/2021
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Finance

China Records First Case of Money Laundering via CBDC

1min0
The pioneer of central bank digital currency, China recorded its first case of money laundering via the electronic yuan. Officials arrested 11 members of a criminal group in the Fujian province last week for allegedly laundering money using the country’s central bank digital currency (CBDC), according to Chinese media reports. The group allegedly scammed an […]
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Retail Asia04/02/2020
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Finance

Cambodia Readies Digital Currency

2min0
Cambodia is set to roll out Project Bakong, the country’s blockchain-based payment network that features a central bank digital currency (CBDC) payment system. The platform, trialed in July 2019 and set to go live this quarter, already has the backing of 11 banks, with others to join soon, Serey Chea, National Bank of Cambodia (NBC) assistant […]
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