Tanzania reportedly makes plans to launch CBDC
The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.
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China Explores Digital Asset Exchange as Crypto Crackdown Continues
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…
Bitcoin too volatile to be adopted as legal tender, says BoE chief
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
Japanese megabanks join consortium launching yen-based digital currency
Private-sector behemoths in Japan are exploring digital currencies as a way to streamline large fund transfers and settlements.
Ripple And The Republic of Palau Partner to Create a Digital Currency
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…
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
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,…
Bank of England sees CBDCs as a revolution for the future of money
The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs.
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair
“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...…
WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders
The publication contains 8 separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing them about the risks, benefits,…
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