Argentine Central Banker Says CBDC Will Boost Tax Collection
Juan Agustín D’Attellis Noguera openly supported Sergio Massa’s advocacy for a central bank digital currency as an economic remedy. Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, supported the Minister of Economy Sergio Massa’s advocacy of central bank digital currency (CBDC) as a solution for the […]
Hong Kong Crypto VC Funds $100M Asian Blockchain Companies
The “Titan Fund” has already made five investments in various blockchain startup companies, including two in Hong Kong-based initiatives. CMCC Global, a Hong Kong-based venture capital firm focused on cryptocurrencies, has raised $100 million to support Asian blockchain businesses. Titan Fund completed its initial funding round on October 4, with participation from 30 investors, including […]
Bank of Korea to Launch Infrastructure Pilot for CBDC
Private banks and public institutions will participate in the pilot, and the Bank for International Settlements (BIS) will provide technical support. South Korea researches central bank digital currencies (CBDCs) alongside an increasing number of countries. The Bank of Korea (BOK) will initiate a pilot initiative to investigate the technical infrastructure for a digital currency. The […]
Blockchain Finance to Reach $79.3B by 2032
The COVID-19 pandemic disrupted traditional finance, and the prospect of lower operational costs paved the way for mainstreaming the digital ecosystem. The global blockchain finance market, which includes public and private blockchains, trading, payments, settlements, and asset management, has the potential to reach $79.3 billion by 2032. According to a report by Allied Market Research […]
UK will launch Digital Securities Sandbox Q1 2024
The Digital Securities Sandbox of His Majesty’s Treasury will have “a new rule set that would allow it to do new things with digital securities.” By the first quarter of 2024, the United Kingdom will have its second crypto sandbox. It will emphasize digital securities explicitly. Helen Boyd, director of capital markets at the Financial […]