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PortuguêsWhile bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their…
Continue ReadingThe Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will…
Continue ReadingThe Central Bank of the Republic of Turkey has singed agreements with various firms to form the Digital Turkish Lira Collaboration Platform. The Central Bank of the Republic of Turkey…
Continue ReadingThe launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of…
Continue ReadingAs part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming central bank digital currency (CBDC)…
Continue ReadingCryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency…
Continue ReadingThe global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans. Mastercard’s focus on crypto and digital currencies appears to have taken a greater…
Continue ReadingPresident of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the U.S. The Ukrainian head of…
Continue ReadingThe European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to…
Continue ReadingAccording to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies.…
Continue ReadingTwo Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment…
Continue ReadingBank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens. Government-backed Chinese banks have reportedly started exploring new use…
Continue ReadingThe 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” The Monetary Authority of…
Continue ReadingThe Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions…
Continue ReadingCBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. The Central Bank of Nigeria (CBN) has issued preliminary guidelines…
Continue ReadingCrypto adoption is no longer something that is expected to happen. It is already happening. A recent survey from Deloitte has shown some interesting findings. The survey polled professionals from…
Continue ReadingIn light of recent regulatory crackdown and backlash, global crypto exchange Binance is beginning to crack down on its customer verification requirements across its platform. More specifically, the exchange is…
Continue ReadingPresident Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part…
Continue ReadingPaying ministry employees in e-hryvnia could be a suitable first pilot for the central bank digital currency currently in development. Mikhail Fedorov, Ukraine’s Deputy Prime Minister and the head of…
Continue ReadingEmployees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic…
Continue ReadingThe Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is…
Continue ReadingOriginally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs. The Bank of Ghana (BoG) is making…
Continue ReadingThe Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December. Jamaica…
Continue ReadingLaunched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. The National Bank of Cambodia (NBC) continues progressing with its central…
Continue ReadingChris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs. Chris Waller, a member of the Board of Governors of…
Continue ReadingPresident Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU…
Continue ReadingSouth African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at…
Continue ReadingPointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to…
Continue ReadingGabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns…
Continue ReadingUkraine’s newly-signed law titled “On Payment Services” requires close cooperation between the National Bank of Ukraine and private startups in the payment market. The Ukrainian government is moving forward with…
Continue ReadingThe new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of…
Continue ReadingThe fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions. The International Monetary Fund, or IMF, plans to “step up” its…
Continue ReadingDigital currencies are primed to reinvent trade between African countries. Ghana’s vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the…
Continue ReadingA blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central…
Continue ReadingA new survey of 3,000 Russians suggested that most people strongly disagree with receiving salary payouts in a state-controlled digital currency. Amid the Bank of Russia continuing progressing with its…
Continue ReadingThe growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report…
Continue ReadingThe French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement…
Continue ReadingEurope’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the…
Continue ReadingChina’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered…
Continue ReadingConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. The central bank of South Korea has chosen a blockchain subsidiary…
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