Overseas

UK to Allow Overseas Stablecoins, But There’s a Catch

UK to Allow Overseas Stablecoins, But There’s a Catch

The United Kingdom is set to implement new regulations allowing authorized financial firms to work with overseas stablecoins. The new regulatory framework will be supervised by the Bank of England, the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) with a focus on minimizing potential risks and ensuring customer protection. UK to Permit […]

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China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC

China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC

China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC Source: amazing studio/Adobe Chinese officials say uptake for the digital yuan is rising among overseas visitors – while more citizens are receiving their salaries in CBDC wallets. Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and

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