
Countries and Digital Currencies in the Next Year
Find out which countries have launched their digital currencies, what this means for Bitcoin and cryptocurrency and how this could affect future markets.
Find out which countries have launched their digital currencies, what this means for Bitcoin and cryptocurrency and how this could affect future markets.
The need for the regulation of digital currencies has received backing from the G7 financial officials. These G7 financial officials consist of central bankers and finance ministers from the Group of Seven (G7) advanced economies. The U.S. Treasury Department recently released a statement that shows that the G7 finance officials have strongly supported that digital currencies should be regulated, as...
Less than 10 percent of Swedish transactions are made in cash.
The city is distributing $3 million in digital yuan via lottery.
They will initiate the testing next year.
European Central Bank president Christine Lagarde thinks it’s more likely than not that Europe will decide to release a digital euro. When commenting on the digital euro, Lagarde also explained that the ECB isn’t racing to be the first to release a central bank digital currency, but added that she believes the bank will decide about this project shortly.
The ECB President said that the bank will issue a digital euro in the next two to four years.
Jack Ma is the founder of Alibaba, a major Chinese e-commerce company. In a speech at the Bund Summit in Shanghai, Ma global regulations and expressed his support for digital currencies. He believes digital currencies are very significant for a new economy and financial system.
The president of the European Central Bank (ECB), Christine Lagarde, said on Monday that they are looking “very seriously” at the creation of a digital euro. This comes […]
The regulator, however, has no plans to roll out the CBDC.