2022-1-18 12:41 |
The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.
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One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country's latest CBDC adoption stats suThe post Here's how China might be leading the CBDC race as Winter Olympics draws near appeared first on AMBCrypto.
2022-1-15 19:30 | |
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Much like most central banks globally, the U. S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country's pace or urgency wiThe post U.
2022-1-13 18:30 | |
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China's e-CNY prototype, a centrally-backed digital currency, went live in select cities earlier this month. As the country is looking to officiate its CBDC during Winter Games, scheduled to take pThe post Report: e-CNY app downloads skyrocket in China ahead of Winter Olympics appeared first on AMBCrypto.
2022-1-11 03:00 | |
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Tencent Holdings’ WeChat App, the largest messaging app in China and one of the most popular payments in the country, has started supporting China’s central bank digital currency (CBDC).
2022-1-8 20:50 | |
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In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China's crackdowns. But the country is also active when comes to other parts of the fiThe post National Bank of Kazakhstan releases report on results of CBDC pilot project appeared first on AMBCrypto.
2021-12-15 18:00 | |
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There are countless reasons for a country to push for a CBDC. These include international rivalry, fintech innovation, a flailing currency, or - in one country's case - crypto itself. Indonesia hasThe post Here's a major sign that a CBDC could soon be coming to Indonesia appeared first on AMBCrypto.
2021-12-14 16:30 | |
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Zimbabwe’s central bank Governor John Mangudya said in a recent interview, that the country is looking at a digital currency backed by the regulator at the moment, rather than cryptos like Bitcoin.
2021-12-8 23:30 | |
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As Bitcoin has been declared ‘haram’ in Indonesia and the country’s Central Bank considers issuing a digital rupiah, an official suggested in the parliament that a central bank digital currency (CBDC) would be instrumental in fighting the threat that cryptocurrencies’ trading represents for the banks and fiat money.
2021-12-1 22:00 | |
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According to a press release shared by Ripple, the XRP ledger is all set to partner with the Republic of Palau to help circulate digital dollars in the country. The post Ripple to help create a CBDC for this tiny island-nation appeared first on CryptoSlate.
2021-11-25 02:00 | |
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The South American country is working on a CBDC, and though it will not… The post Latin America accelerating on CBDC development: Peru joins the race appeared first on Coin Journal.
2021-11-18 16:25 | |
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The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency.
2021-11-18 08:56 | |
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The Central Reserve Bank of Peru’s (BCRP) President, Julio Velarde, announced they are working on developing a CBDC in collaboration with other central banks around the globe. As the country experiences instability and inflation in goods and services, the central bank discusses financial models to fight the imminent crisis.
2021-11-18 02:59 | |
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Early this week, word on crypto street suggested that Zimbabwe was plotting a full-scale cryptocurrency adoption. The country’s Minister of Information has refuted the claims that the country will be embracing cryptocurrencies.
2021-11-13 19:34 | |
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The world has been watching the rapid rollout of China's digital yuan, across the country. However, this was also reportedly followed by the country's first crime involving the CBDC. According to repoThe post China e-CNY follows this principle, work on multi-CBDC bridge in progress appeared first on AMBCrypto.
2021-11-10 14:30 | |
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Brazil is the latest country to look at digital currency as legal tender. The Lithosphere cryptocurrency platform developed by KaJ Labs, a Seattle blockchain firm, initiated discussions with...
2021-11-4 15:09 | |
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H2: Time for India to take cognizance of China's CBDC development? Nischal Shetty, the founder of India-based crypto exchange WazirX, recently spoke about the country's crypto regulations in an intThe post India unlikely to ban crypto as it is 'old school' according to this exec appeared first on AMBCrypto.
2021-10-28 18:30 | |
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Nigeria has officially launched its CBDC, the eNaira after minor hiccups along the way. The project has been hailed by the country’s government as one that will foster financial inclusion as well as usher in other benefits for the country.
2021-10-27 10:41 | |
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Nigeria has in the past shown a negative stand towards cryptocurrencies. However, the recent announcement about the eNaira CBDC shows that the country is becoming more open towards cryptocurrencies.
2021-10-25 10:36 | |
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China is pressing fast-food company McDonald’s to embrace its central bank digital currency (CBDC) as the Beijing Winter Olympics inch closer. A report citing three people familiar with the matter disclosed this news earlier today, noting that McDonald’s has received instructions to integrate a digital renminbi payments system across its restaurants in the country.
2021-10-22 22:57 | |
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In the crypto sector, South Korea enjoys quite a bit of fame thanks to its "Kimchi Premium" and large alt coin market. However, the country's central bank authorities aren't far behind in crypto innovThe post CBDC a 'high possibility' in South Korea, first test could take place before December appeared first on AMBCrypto.
2021-10-10 20:00 | |
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In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate.
2021-10-6 16:00 | |
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Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […]
2021-10-6 17:40 | |
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The apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira. The post Nigeria suspends launch of ambitious e-naira project appeared first on CryptoSlate.
2021-10-5 19:00 | |
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Nigeria is set to be the first African country to launch its Central Bank Digital Currency. The website of the CBDC went live and has since recorded over one million hits, which is indicative of mass curiosity.
2021-9-30 23:21 | |
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Bhutan is the latest country to announce its plans for a central bank digital currency (CBDC) via a partnership with San Francisco-based Ripple Labs. Announced on Wednesday, the partnership will see the country’s central bank carry out trials on Ripple Labs CBDC platform.
2021-9-24 22:08 | |
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Fifteen firms have been finalized by the Monetary Authority of Singapore (MAS), the country’s central bank, to develop a Central Bank Digital Currency (CBDC), a release from the MAS shows. The post ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore appeared first on CryptoSlate.
2021-9-6 16:00 | |
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CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage.
2021-9-6 00:00 | |
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Nigeria has upped the ante on its quest for a national digital currency as the Central bank of the African country has revealed that it will be partnering with Bitt Inc as a technical partner for the actualization of the “eNaira” project.
2021-9-2 07:00 | |
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Recent reports indicate that Nigeria, the West African country, is heading towards launching its promised Central Bank Digital Currency (CBDC). The Central Bank of Nigeria (CBN), in a sensitization circular to commercial banks, revealed the features of the e-Naira – the planned CBDC.
2021-9-1 16:29 | |
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The Central Bank of Nigeria has sent a detailed document regarding central bank digital currency (CBDC) guidance to financial institutions in the country. The document covers the testing and implementation of the e-Naira.
2021-8-31 13:01 | |
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The race to issue CBDCs is still ongoing, with central banks around the world participating. Of course, not every country has joined the race, but enough of them for it to truly feel like global competition, with China still in the lead.
2021-8-31 17:33 | |
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While most central banks around the world are moving to curb cryptocurrencies and replace them with a central bank digital currency [CBDC], Costa Rica has different plans. Like most, the Banco CentralThe post Here's why this country's central bank thinks CBDCs are 'not necessary' appeared first on AMBCrypto.
2021-8-21 02:30 | |
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The head of Ukraine’s Ministry of Digital Transformation has said that paying the staff of the ministry in the proposed central bank digital currency (CBDC) is under consideration. Ukraine CBDC Pilot Could Initially Involve Salay Payments In a recent interview with local Ukraine news outlet TSN, Mikhail Fedorov, who is also the country’s deputy PrimeRead More
2021-8-19 11:00 | |
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Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country.
2021-8-18 19:00 | |
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Argentina’s president is open to the idea of central bank digital currency, but the country’s central bank head has rejected the idea.
2021-8-14 05:45 | |
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Central Bank Digital Currencies (CBDCs) have become a hot topic in the last year, with Asian giant China leading the charge. However, Caribbean nation Jamaica is now at the forefront following its roll-out of its first wholesale digital currency in a recently concluded ceremony.
2021-8-12 22:14 | |
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Prime Minister of India, Narendra Modi launched e-RUPI, a digital voucher program in a bid to boost the country's fintech sector. The Indian government has been making efforts to digitize payments andThe post Will India's e-RUPI adoption pave the way for CBDC appeared first on AMBCrypto.
2021-8-11 14:32 | |
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The Bank of Jamaica (BOJ) has minted the country’s first batch of its central bank digital currency (CBDC) on Aug 10. The post Jamaica’s Central Bank Mints $1.5M Batch of New CBDC appeared first on BeInCrypto.
2021-8-11 14:26 | |
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Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More
2021-8-7 17:00 | |
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The South American country is set to launch its CBDC in the coming months…
The post Venezuela is launching a digital currency in October appeared first on Coin Journal.
2021-8-7 12:47 | |
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As part of China’s efforts to expand the scope of its upcoming central bank digital currency (CBDC) project, the city of Shenzhen has issued the country’s first digital yuan insurance policy.
2021-7-22 23:00 | |
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The West African nation announced its plans to pilot a central bank-backed currency (CBDC)… The post Ghana set to become first African country to pilot a CBDC appeared first on Coin Journal.
2021-7-13 13:44 | |
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Although the government has stated that a sovereign digital currency will not replace the country’s fiat currency, Vietnam has become the latest country to investigate central bank digital currency (CBDC).
2021-7-13 02:41 | |
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Vietnam has become the latest country to explore central bank digital currency (CBDC), although the government has said that a sovereign digital currency would not replace the country’s fiat. Vietnam’s Proposed Digital Currency not a Cash Replacement According to Nikkei Asia on Monday (July 12, 2021), the decision by the Vietnamese government to explore theRead More
2021-7-13 23:00 | |
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The Singapore Monetary Authority (MAS) has rolled out a global challenge for retail central bank-issued digital currencies (CBDCs). The regulator seeks to attract FinTech firms and financial institutions across the globe into the country.
2021-6-30 02:11 | |
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The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021.
2021-6-19 00:00 | |
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China has always been vocal about blockchain technology and the launch of central bank digital currency (CBDC). The country is also on the right track to roll out the first-ever government-issued digital currency for its citizens.
2021-6-16 14:45 | |
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China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.
2021-6-3 06:30 | |
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Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online. The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.
2021-6-3 23:17 | |
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Валютное управление Гонконга объявило о запуске тестирования возможностей трансграничных взаиморасчетов с контрагентами из материкового Китая в цифровых юанях.
Разработчик Tornado Cash Алексей Перцев подал заявление в апелляционный суд Хертогенбоса. Россиянин намерен опротестовать решение суда низшей инстанции, признавшего создателя миксера виновным в отмывании преступных доходов.
Команда литовского финтех-проекта Trastra объявила о запуске «крипто-дружественных» переводов через межбанковскую систему SWIFT. Представители компании уверяют, что новое решение упростит международные транзакции.
Глава комитета Государственной думы Российской Федерации по финансовому рынку Анатолий Аксаков заявил: готовый еще в 2022 году законопроект о криптовалютах до сих пор не принят из-за позиции одного-единственного ведомства.
Генеральный директор CryptoQuant заявил, что спекуляции о возможном банкротстве криптовалютной биржи KuCoin на фоне юридических проблем и частичного оттока средств розничных клиентов — не имеют под собой фундаментальных основ.
Федеральные власти США представили проект бюджета на будущий год, согласно которому в стране должен начать действовать специальный акцизный сбор в 30 % от стоимости электроэнергии, потребляемой оборудованием для добычи криптовалют.
Сооснователь и генеральный директор компании-разработчика программного обеспечения MicroStrategy считает, что биткоин вошел в период значительного роста и принятия крупными инвесторами, который продлится ближайшие десять лет.