Tag: cbdc

Sep 12 2021

Central American Countries Study the Possibility of CBDC

After El Salvador decided to legalize Bitcoin, the central banks of Guatemala and Honduras are studying the possibility of adopting CBDCs. According to reports, the central banks of Guatemala and Honduras revealed that they were analyzing to adopt cryptocurrencies. This...

Sep 08 2021

Roxe Taps Former IMF Economist to Leads its Bitcoin Hashrate Powered CBDC Drive

Sep 08 2021 Published at Coingape under tags  bitcoin bitcoin hashrate bitcoin news cbdc news

Global payment network Roxe is advancing its Central Bank Digital Currency (CBDC) product suite with the appointment of an experienced economist from the International Monetary Fund (IMF). Andreas Jobst will notably be leading the organization’s approach to design and develop CBDC solutions based on the Bitcoin hashrate. Roxe’s CBDC initiative is targeted at helping countries The post Roxe Taps Former IMF Economist to...

Sep 05 2021

Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC

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. However, more than 80% of central banks are looking at digital currencies. The Reserve Bank of Australia...

Sep 02 2021

Crypto-loving Nigeria begins eNaira CBDC project

Sep 02 2021 Published at CryptoSlate under tags  adoption cbdc cbdcs enaira nigeria

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. According...

Sep 01 2021

Nigeria Partners With FinTech Company To Launch CBDC

Sep 01 2021 Published at Bitcoinist.com under tags  cbdc cbdcs enaira nigeria nigeria crypto

Nigeria had earlier in the year announced it planned to launch its own CBDC. The eNaira was announced after the government had banned banks and financial institutions from facilitating crypto transactions in the country. The timeline for the launch of the eNaira has been put at sometime before the end of the year. Citizens of the country would then be able to operate...

Aug 31 2021

Aug 30 2021

Central Bank of Nigeria Sends Guidelines to Banks on CBDC Project e-Naira

The Nigerian central bank seeks to make e-Naira a legal tender for the country if tests are successful.

Aug 27 2021

India Plans to Launch CBDC Pilot by December 2021

The Reserve Bank of India is studying various aspects of digital currencies.

Aug 18 2021

Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC

Aug 18 2021 Published at CryptoSlate under tags  adoption brazil brian brooks cbdc cbdcs

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...

Aug 16 2021

Bank of Ghana Signs Partnership With Giesecke+Devrient for CBDC Pilot

The e-Cedi CBDC pilot will be conducted under three phases with the support of the German finance firm.

Aug 15 2021

Bank of Ghana To Launch Pilot CBDC Project In Partnership With German Technology Firm

Ghana is one of the few African countries that is hopping on the cryptocurrency train. The country is particularly taking concrete steps towards embracing this innovation. During the Fifth Ghana International Trade and Finance Conference in Accra, The Vice President of Ghana – Dr. Mahamudu Bawumia – said that African governments should embrace virtual currencies. His reason was that it would boost trade...

Aug 12 2021

How Taper Talk, Repos, China And U.S. Legislation Are Impacting The Bitcoin Market

Discussing how potential tapering by the Federal Reserve, economics in China, U.S. legislation and more through a Bitcoin lens.Watch This Episode On YouTubeListen To This Episode:...

Aug 10 2021

Bank Of Jamaica Mints The First Batch Of CBDC

Aug 10 2021 Published at Coingape under tags  bank of jamaica cbdc digital currency news

Bank of Jamaica is making steady progress with the country's central bank digital currency (CBDC). During a short financial ceremony organized on Monday morning, the Jamaican apex bank minted the country’s very first lot of fiat backed CBDC, ‘the digital version of the Jamaican Dollar.’ Reportedly, a total of J$230 Million in CBDC will be The post Bank Of Jamaica Mints The First...

Aug 09 2021

ASI President Deems Central Bank Digital Currencies As A Satanic Scheme

Aug 09 2021 Published at Bitcoinist.com under tags  asi president bitcoin cbdc cbdcs gold

According to the ASI president, Central Bank Digital Currencies originate from Satan. And Bitcoin is not an alternative to currency but a speculative financial asset. ASI is a company that started in 1982 to deal in diverse alternative assets like foreign currencies, precious metals, and the pre-1933 United States gold coins. The company also has a trading platform for metals. Related Reading |...

Aug 06 2021

CBDC India: RBI plans to launch digital Fiat model before 2022

Aug 06 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

In a recent development about the status of...

Venezuela to Launch Digital Bolivar in October

The country will also redenominate the hyper-inflated bolivar.

Aug 03 2021

Aug 02 2021

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