digital peso – DIGIT INFO

Argentine Digital Peso Proposal: Eliminate Tax Evasion by Digitizing the Full Fiat Currency Supply

DIGIT — Mon, 07 Nov 2022 08:30:21 +0000

A proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that its implementation would lead to lower taxes and bring a surplus to […]

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Central Bank of Chile Studies Issuance of a Digital Currency

DIGIT — Fri, 13 May 2022 23:30:15 +0000

The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency (CBDC) in the future, the mechanism it […]

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Chile puts CBDC plans on hold until end of 2022 to undertake more analysis

DIGIT — Thu, 12 May 2022 01:42:03 +0000

Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year.

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Argentinian Government Advances the Creation of a National CBDC

DIGIT — Fri, 29 Apr 2022 23:45:31 +0000

The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts Argentina on the trail of countries like Brazil and […]

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Digital Peso to Be Launched in Three Years According to Governor of Banxico

DIGIT — Sat, 23 Apr 2022 10:30:00 +0000

Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the new currency should fulfill the three traits of money […]

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