"Even if CBDC is not used, we still need it for interlinking", conclude Canadian researchers.
Meanwhile, the digital euro overcomes a key technical hurdle, as Israel and Taiwan say they won't launch CBDC until someone else does first.
Apple Card’s high-yield savings account has seen over $10 billion in customer deposits since its launch in April, but banking partner Goldman Sachs allegedly wants to walk away from the arrangement, as it reduces the consumer-facing side of its business.
For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered.
CBDC Updates
'Urgency' Required in Digital Euro Rollout
For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered.
CBDC Updates
'Urgency' Required in Digital Euro Rollout
"Even if CBDC is not used, we still need it for interlinking", conclude Canadian researchers.
Meanwhile, the digital euro overcomes a key technical hurdle, as Israel and Taiwan say they won't launch CBDC until someone else does first.
Apple Card’s high-yield savings account has seen over $10 billion in customer deposits since its launch in April, but banking partner Goldman Sachs allegedly wants to walk away from the arrangement, as it reduces the consumer-facing side of its business.
Apple’s Goldman Sachs-run savings account attracted 240,000 new customers in its first week of launch, but many have complained of problems withdrawing their money. Experts have suggested that this may be down to the over-zealous application of anti-money laundering measures.
Digital Asset’s “network of networks” allows normally siloed financial systems and institutional assets to interact and synchronize in previously impossible ways. Participants include BNP Paribas, Goldman Sachs, Cboe Global Markets, Microsoft and many others.
The authorities in Russia and Iran are discussing the creation of a stablecoin tied to gold. The "Token of the Persian Gulf region" will be used for cross-border payments, but first a legislative framework for regulating cryptocurrencies is required.
