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The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.” No Decision Has Been Made on Whether the Digital Real […]Powered by WPeMatico
Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency.
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Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.
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State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
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The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year […]Powered by WPeMatico
The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad.
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The Riksbank said that CBDC technology still requires further investigation.
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The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states.
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Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years.
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The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
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