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Digital euro will launch but perhaps later than 2027

Location:

INT

The digital euro project is the most advanced central bank digital currency (CBDC) plan among Western economies. It promises enhanced strategic autonomy, faster payments and to…

South-east Asia digital controls hit connectivity plan

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SOUTH-EAST ASIA

It seeks to accelerate recovery from COVID-19 by capitalising on the rise in internet use and digital trade during the pandemic. However, new restrictive laws on internet use in…

Digital currencies mark a tectonic shift for banking

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INTERNATIONAL

Nigeria will be the 15th country to launch a pilot of central bank digital currency (CBDC); China was the first major economy to do so. A further 68 central banks are in the…

US push will accelerate digital currency plans

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INT

The US government’s concern about this has already triggered the March 9 executive order by President Joe Biden of a whole-of-government approach to developing a US central bank…

Pakistan tech ecosystem will expand despite obstacles

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PAKISTAN

Its growing middle class, diverse talent base and emerging government support for tech ventures are starting to make the country a desirable tech hub in South Asia. In 2021…

Recovery plan will meet EU priorities not Greek needs

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GREECE/EU

The plan, otherwise known as Greece 2.0, is reportedly the most detailed national plan EU officials have yet seen. It contains 175 investment projects and reforms. Green…

Legitimacy problem of Indian crypto market deepens

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INDIA

From an average closing value of INR30.6mn (around USD 374,000) in February 2022, the digital coin's value fell to an average of INR16.38mn by January 2023. This slump reflects…

Central bank digital currency launch is getting closer

Location:

INTERNATIONAL

Fed Chair Jerome Powell is lukewarm on digital currencies but the multiple impacts of COVID-19, and the progress of China and other states on CBDCs, have reignited calls for a…

Restitution of African art will gain pace slowly

Location:

AFRICA

The Smithsonian’s declaration is the latest in a series of moves by museums around the world to return African artworks taken from the continent during the colonial era.

China will avoid leveraging tech to ease Russian woes

Location:

INT

In early February, Presidents Xi Jinping and Vladimir Putin announced a strategic partnership “without limits”, and the Chinese government has maintained a broadly supportive…