Experimentation and technical research have been used to investigate CBDC. The Federal Reserve says it is the safest method of expanding payment alternatives. CBDC, which is expected to be widely accessible, will become the Federal Reserve’s liability instead of ordinary currency, which will be the central bank’s responsibility. Currently, the
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
The expertise team behind Ripple (XRP) officially announces a promising partnership with the Digital Euro Association (DEA). The main aim of the collaboration is to exchange technical knowledge. And to enhance the design and updates of the central bank digital currencies (CBDCs). Significantly, through this partnership, Ripple will strengthen its
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.
Fed Chair Jerome Powell reveals a new legislature for digital currencies will be out soon. New rules and regulations by the U.S will be reflecting on the crypto market. Congressman Tom Emmer also tweets the same. It’s quite skeptical that ever since, the talks started in December, 2021 in the
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
Shanghai puts forth plans of adopting Metaverse. Metaverse technology to be used for economic developments through all sorts of industries and sectors. China focuses on adopting new technologies over crypto. It’s a well known fact that China is one of the prominent leaders in adopting the latest technology of all
