Banking

Highlights: Armstrong urges lawmakers to create stablecoin laws that enable consumers to earn interest on their holdings. On-chain interest could provide consumers with higher yields than traditional savings accounts. Armstrong believes interest-bearing stablecoins can create global financial inclusion with just […]

Highlights: 31% of central banks have delayed CBDC implementation, while others proceed with plans. Regulatory, political, and economic challenges contribute to delays in CBDC development. Another report shows 134 countries are exploring digital currencies, with 66 in advanced stages of […]

Highlights: ECB proposes a digital euro to counter the rise of dollar-backed stablecoins. Trump’s executive order prohibits the Federal Reserve from issuing a CBDC. European banks fear losing deposits due to ECB-backed digital wallets. The European Central Bank (ECB) is […]

Highlights: PHPX stablecoin aims to improve cross-border remittances and financial inclusion in the Philippines. Hedera DLT ensures compliance with international crypto-asset regulations for PHPX. PHPX reserves will be held in segregated trust accounts to ensure security. Philippine banks are gearing […]