Cryptocurrency Analysis and News Portal
Argentina President Alberto Fernandez has indicated support for digital assets, asserting there is no reason to push back against the emerging asset class.During an interview with local media outlet, Caja Negra, on August 12, Fernandez responded to a question about whether he would consider exploring a central bank digital currency
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Tech giant Samsung has revealed that it will take part in the central bank digital currency pilot project by the Bank of Korea. Samsung Joins BOK Digital Currency Pilot Project This latest development was revealed by the local news outlet The Korea Times on August 12, 2021. Korea’s apex bank began trials
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Ghana’s central bank has inked a partnership deal with German banknote and securities printing company Giesecke+Devrient (G+D), for a retail central bank digital currency (CBDC) pilot. Ghana Progresses With Digital Cedi The Bank of Ghana announced the news of the agreement with the German company via a press release on Wednesday (August
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The Central Bank of Venezuela will launch a CBDC in October alongside a monetary redenomination that will cut six zeros from the currency due to raging inflation. As of Oct. 1, the digital bolivar will begin circulation in the economy. Its cash equivalent will get a new 1-bolivar coin, along
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The Central Bank of Nigeria (CBN) is moving forward with its central bank digital currency project (CBDC) project, as the CBN will launch a digital naira pilot program later in October 2021. Nigeria Progresses With Digital Naira Initiative According to the Peoples Gazette, the CBN made the announcement while addressing stakeholders at
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Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months. The project’s objective is
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It turns out the 100 million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank-issued digital currency, or CBDC.An April 28 announcement from France’s central bank, Banque de France, revealed the digital bond was settled using a CBDC
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The Bank of Thailand has a harsh stance against the use of stablecoins in the country, and in March, the monetary authority issued a stern warning that it will begin penalizing the usage of any Thai Baht-backed stablecoins.Thailand’s apex monetary institution, the Bank of Thailand (BoT) is seeking a public
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