A report issued by the New Zealand parliament reveals that the regulators should not be in haste to formulate policies
Category: Central Banks
Nigeria to Leverage Blockchain Technology in Issuing of NYSC Certificates
As Nigeria continues to lead other African countries in crypto adoption, the authority is exploring ways to increase the adoption
Omanis Regulators Seeks Public Comment on Virtual Asset Regulatory Framework
In a recent report, the financial regulators in Oman published the “consultation paper for virtual assets regulatory framework.” The report
South Korea Conducting CBDC Pilot Test Outside its Capital City
The Bank of Korea announced on July 31 plans to conduct a central bank digital currency (CBDC) in three towns.
Hong Kong Join Forces with Saudi Arabia to Promote Financial Innovation
On July 26, the Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with the Saudi Central Bank (SAMA)
Korean Banks Explores Certificate of Deposit Token as CBDC and Stablecoin Alternative
In a recent update, private commercial banks in South Korea have teamed up to tokenize the depository services. The research
Nigerian Central Bank Introduces NFC Technology on CBDC for Convenient Payments
A news briefing featured on a media outlet, “The Sun,” revealed the central bank of Nigeria (CBN) has integrated the
Nigerian Stakeholders Considers Crypto tax as ‘Premature’
On May 28, Nigerian President Muhammadu Buhari green-lighted the Finance Act 2023, aiming to increase revenue streams, maintain fiscal transparency,
Namibian Regulators Green Lights Crypto and Digital Assets Bill
In an official publication issued by the lower house of the Namibian parliament, the policymakers granted their final nod on
Chinese Jinan City Accepting CBDC Payments for Bus Rides
In an advanced announcement issued by the Chinese local news site Shunwang-Jinan Daily, regulators in Jinan approved crypto payments in