Bank of Namibia has already begun examining CBDCs. The central bank’s digital money is issued and denominated in the national unit. Namibia’s central bank has announced plans to develop a central bank digital currency (CBDC) after introducing the bank’s FinTech regulatory framework. In a recent interview, Bank of Namibia (BON)
Sweden finishes second phase testing of its CBDC. The Central Bank visualizes ways to promote privacy. Once complete privacy is assured, E-Krona will be launched. Even though most countries around the world at first said no to cryptocurrencies, now, most are moving towards ways to adopt it. The major concern
The renowned documentary series “The Future is Now” has recently shifted its focus to the blockchain industry. The team produced its first-ever crypto-related documentary titled “Aligning the Future,” shedding light on the development of Bitcoin and other digital currencies across the globe. The show stars H.E. Justin Sun, TRON founder
BTC, NFT, CBDC-all plays a prominent part in Winter Olympics 2022. Winter Olympics based NFTs are in circulation vividly by many firms. Certain Olympics stars receive salaries in BTC. The onset of the Winter Olympics, 2022 indeed sparked quite a fire throughout the world, especially upon the crypto industry. True
A government-wide plan for digital assets is the first of its kind. Federal Reserve would have to work out the kinks to satisfy both parties. To stay up with private-sector payment innovations, the Federal Reserve on Thursday initiated an assessment of the possible advantages and dangers of creating a U.S.
Bank of Jamaica is all set for launching it’s CBDC This ought to be the nation’s first CBDC ever. The project was completed together with eCurrency Mint and will be launched by March 2022. Ever since the mid of 2021, the Central Bank Digital Currency (CBDC) started to emerge and
Mexico announces the launch of it’s CBDCs. The National CBDC will be out by 2024. President of Mexico terms, they will not follow the path of El-Salvador. Many countries are obviously planning on bringing their own National Central Bank Digital Currency (CBDC). It’s evident that adopting current technology along with
BN is ready to launch eNaira despite its previous failure. CBN has released a document in which it repeats its commitments CBN mentions eNaira will be available to offline users. Nigeria Central Bank planned to launch its CBDC eNaira on October 1st. But unfortunately, the mission was failed. But now,
The price of XRP has risen over 10% in the past 24 hours. Ripple’s CBDC Private Ledger allows central banks to access a network of CBDC Ledgers. To pilot a central bank digital currency (CBDC) utilizing Ripple’s CBDC Private Ledger, Ripple announced a partnership with Bhutan’s Royal Monetary Authority (RMA).
Argentina’s President has shown interest and support for crypto assets. Pesce appears to be threatening a crackdown on the industry. He also rejected the decision regarding CBDC. Alberto Fernandez, President of Argentina, has shown interest and support for crypto assets, stating there is no specified reason to push back against
