Today's #Fintech Digest includes an update on the underwhelming performance of the Reserve Bank of India (RBI) retail and wholesale central bank digital currency (#CBDC) pilots, and a Nerdwallet update on the overwhelming American usage of buy-now-pay-later (BNPL) plans.
Today's #Fintech Digest includes Banco de España launching a 2nd wholesale central bank digital currency (#CBDC) trial, an update from the Bank of Japan (BOJ) on its retail CBDC proof-of-concept (POC) work, and more.
Today's #Fintech Digest includes the U.S. Securities and Exchange Commission (SEC) approving a slew of spot Ethereum (#ETH) exchange-traded fund (#ETF) filings, and the U.S. House of Representatives passing the sloppily-worded CBDC Anti-Surveillance State Act (H.R. 5403) that would require the Federal Reserve to obtain congressional approval before issuing a central bank digital currency (#CBDC).
Today's #Fintech Digest includes firms that submitted spot Ethereum (ETH) exchange-traded fund (ETF) applications with the U.S. Securities and Exchange Commission (SEC) amending applications to remove staking, and the U.S. Consumer Financial Protection Bureau (CFPB) confirming that buy now, pay later (BNPL) lenders are to be treated the same as credit card providers.