Auto Added by WPeMatico
The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira.…
Florens Luoga, the governor of the Bank of Tanzania, said the apex bank has kickstarted preparations for a central bank digital currency. He said the bank was doing this to…
The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.
China is leaving no stones unturned in promoting the usage of digital yuan while ensuring a crackdown on the Bitcoin and cryptocurrency industry. According to the latest report, China is…
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
Private-sector behemoths in Japan are exploring digital currencies as a way to streamline large fund transfers and settlements.
Despite the problems, Ripple has not given up on its mission to become a significant player in the global payments industry, and even though things are not going so well…
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo,…
The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs.
“The idea of having a tokenized dollar that is capable of being exchanged on a peer-to-peer basis on a platform where developers can innovate and develop new products and services...…