Australia, South Africa, Malaysia, And Singapore To Launch Mutual CBDC Pilot

Australia, South Africa, Malaysia, And Singapore To Launch Mutual CBDC Pilot

The collaborative project will test common DLT systems that will let organizations resolve cross-border payments utilizing CBDC. Singapore’s, Australia’s, South Africa’s, and Malaysia’s Central banks recently launched a collaborative project to test global payments using CBDC. The Operation Dunbar initiative will test…

South Korean’s Regulator Sets Deadline for Illegal Crypto Exchanges

South Korean’s Regulator Sets Deadline for Illegal Crypto Exchanges

Briefly- The financial regulator in South Korea sets a deadline for crypto exchanges to register as authorized trading platforms. Local cryptocurrency exchanges struggle to meet the financial regulator’s conditions. Crypto traders in the country might witness losses in kimchi tokens worth more…