The Chinese-led mBridge protocol is making progress, with the second digital yuan payment transaction publicly recorded. India's CBDC program has five million users but no public transaction figures to share. Experimentation with tokenization is expanding across the region.

Shortly after receiving approval from the local anti-money laundering watchdog, Binance is now haunted by another regulator. Other global crypto exchanges might face the same charges.

A new currency for Zimbabwe plus the rest of the week's banking and CBDC news from Observers.

KuCoin becomes the first global crypto exchange to re-enter India after offshore crypto exchanges were blocked in the country last year.

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. A senior Indian regulator has admitted that the traditional finance sector needs to compete

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. Fresh from launching a crypto custody platform in November, Germany's DZ Bank now

The 1% TDS on digital asset transactions has provoked “an exodus of users, funds and trades to offshore platforms,” according to a study by Esya Centre.

The 2023 Global Crypto Adoption Index report from Chainalysis shows that South and South-East Asia are leading the way in grassroots crypto adoption. Countries with low-mid income tend to show a higher level of adoption.