China’s former CBDC chief is under government investigation
China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law.” Yao Qian, a leading…
Mastercard’s successful CBDC wrapping trial for NFTs
The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs…
Pakistan signs in new laws to expedite the launch of CBDC
The State Bank of Pakistan (SBP) has approved new laws for Electronic Money Institutions (EMIs). KEY TAKEAWAYS The SBP plans to launch a CBDC within the next three years. The…