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President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change

Post author:MiamiCrypto
Post published:February 21, 2022
Post category:bank of peru CBDC Climate Change Emerging Markets Intrinsic Value julio velarde Payments Peru VASPs

Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a…

Central Bank of Peru Will Develop a Digital Currency

Post author:MiamiCrypto
Post published:November 22, 2021
Post category:CBDC Central Bank China El Salvador julio velarde News Peru

The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made…