It seems fitting that China - the first country in the world to invent paper money - should also be the first to go cashless. But could it create more problems, particularly for payments, than it solves?
India regulator closes Karvy; MAS and Bank of Japan ink bilateral swap pact; China on course to launch digital cash; China on course to launch digital cash
MAS renews plan to establish KYC storehouse; HK and PBoC to collaborate on CBDC; MAS unleashes AI based compliance tool; BoT eases capital restrictions amid baht volatility
FATF releases report on HK anti money laundering framework effectiveness; India central bank directs banks to refer to external benchmarks; MAS kicks off digital bank application process; MAS puts together committee ...
The dollar-yuan exchange rate - now at its lowest in more than a decade - highlights the need for businesses with exposure to the Chinese currency to either fortify their positions ... or just take it on the chin