#digital currency
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Kyrgyzstan sets three-stage CBDC pilot after council with CZ
-9BPnNDRc.png "Kyrgyzstan sets three-stage CBDC pilot after council with CZ")
Kyrgyzstan unveiled KGST, a stablecoin tied to the som, and outlined a pilot for a central bank digital currency known as the digital som. President Sadyr Japarov presented the plan Friday after the second session of the National Council for the Development of Virtual Assets and Blockchain Technologies, a meeting that included Binance founder Changpeng “CZ” Zhao. 
Cryptocurrency Under the Skin: The Future is Here!
Vivo Key Technologies and Dangerous Things developed a cryptocurrency wallet that can be implanted under the skin. Say goodbye to the hassles of lost passwords and security breaches! This innovative implant ensures your digital currency is secure—unless someone literally steals your hand. Be mindful in stores, as a simple hand wave could lead to unintended purchases. Indian Railways Introduces NFT Train Tickets
Indian authorities strive to stay competitive in the crypto market. Their efforts span several sectors, including blockchain-based state registries, a Central Bank Digital Currency (CBDC) launch, and public metaverses. Indian Railways is now contributing to this technological push with its innovative offering. 
Digital Currency Group (DCG), the parent company of the insolvent crypto lender Genesis, has officially opposed the client compensation plan.DCG's critique centers on the belief that the proposed method for asset reimbursement excessively surpasses the initial debt value. 
U.K. House of Commons Treasury Committee lawmakers, in its recent report, have urged the government to reconsider the regulations for a potential Central Bank Digital Currency (CBDC). Proposed changes include setting a lower limit on individual holdings (up to £3,000) and the option to earn interest on these holdings. 
The Philippines’ Bureau of the Treasury collaborates with the nation's central bank to use digital currency (CBDC) for the sale of tokenized government securities. This week, the government successfully raised $271 million through tokenized one-year bonds. 
The Bank of England, together with the UK's Treasury, is actively deliberating the risks and advantages of introducing a Central Bank Digital Currency, dubbed Britcoin. Their focus is on its potential economic impact and benefits for UK citizens. 
Under the leadership of Tom Farley, ex-President of NYSE, Bullish, an institutional crypto exchange, has officially taken ownership of the news platform CoinDesk from Digital Currency Group. Investment plans are in place for CoinDesk, though details remain under wraps. 
