Bahamas ranked first for retail CBDC development, according to PwC
Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report. Go to Source Powered by WPeMatico
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China aims to let foreigners use digital yuan at Winter Olympics in 2022
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022. Go to Source Powered by WPeMatico
You can’t talk about blockchain and not bring up CBDCs and stablecoins
Economies are currently experiencing the development of brand new ideas around CBDCs, stablecoins or private digital currencies. Go to Source Powered by WPeMatico
Nigeria’s SEC says central bank’s crypto ban disrupted the market
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. Go to Source Powered by WPeMatico
Turkey to ban cryptocurrency payments
Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges. Go to Source Powered by WPeMatico
Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’
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 … Read more
European Central Bank releases results of digital euro consultation
Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency. Go to Source Powered by WPeMatico
How the digital yuan stablecoin impacts crypto in China: Experts answer
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space. Go to Source Powered by WPeMatico
Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.” Go to Source Powered by WPeMatico
Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot
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 … Read more