Banking
Iran’s Government Is Using Crypto Startups as Part of Its Blockchain Embrace
Sources in Iran say the country’s financial sector is taking clear steps toward a state-backed token economy.
Central Banking
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Asia-Pacific
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
Banking
Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.