CBDC
Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.
India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.
Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters
As of May 2024, 134 countries or jurisdictions, representing 98% of global GDP, were exploring a CBDC.
China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report
Yao Qian is reportedly being investigated for "violations of discipline and law."
New Zealand Starts Digital Cash Consultation
The consultation paper asked its citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
Hong Kong Starts New Phase of CBDC Testing
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the 25% surge in artificial-intelligence tokens over the past 24 hours, according to data tracked by CoinGecko. Plus, Nigeria's SEC updates guidelines for crypto firms in an attempt to stop "criminal activities." And, the latest announcement from Hong Kong’s Central Bank on a wholesale CBDC project.
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.
