China’s central bank worried about stablecoins’ risk to financial systems

The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official.

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Bank of Jamaica to begin digital currency pilot in August

Jamaica’s central bank will reportedly commence the initial roll-out of its central bank digital currency (CBDC) project in August.
According to a report by the Jamaica Observer on Wednesday, Bank of Jamaica (BOJ) Governor Richard Byles made this known during a Rotary Club event earlier in July.

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