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Bank of Thailand to allow first virtual banks by 2025
By allowing virtual banks, Thailand seeks to boost competition and economic growth. Bank of Thailand has disclosed plans to allow...
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Mexico’s digital peso delayed, unclear launch date
Mexico's central bank is currently working on legal, administrative, and technological requirements for the peso's digital version. Mexico's central bank...
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US federal agencies release joint statement on crypto asset risks and safe practices
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning...
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How crypto could be good for CBDC and vice versa: Industry exec explains
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs. Cryptocurrencies like Bitcoin...
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Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and...
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Central Banks to set standards on banks’ crypto exposure – BIS
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025....
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Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
"This may increase the risk of customers becoming involved in money laundering or terrorist financing," says De Nederlandsche Bank. The...
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