Mastercard digital payments introduce the Crypto Credential service, aiming to streamline and secure cryptocurrency transactions within the European Union and Latin American markets.
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The BRICS nations purposefully switch economic transactions from the US currency to cryptocurrencies to promote their currencies.
The BRICS Pay system and Central...
Alpha MBM Investments Group has unveiled a strategic investment in Venom Blockchain.
Through the development of a comprehensive regulatory framework and adherence to...
The Spanish CBDC program will simulate the processing and settlement of interbank payments using a single tokenized wholesale CBDC.
The Bank of Finland...
Account-based CBDCs would involve households and businesses holding retail checking accounts directly with the Federal Reserve
A token-based CBDC model would see households...
Vitalik Buterin, Ethereum co-founder (ETH), is raising concerns about the current state of Central Bank Digital Currencies development.
CBDCs were initially met with...
The introduction of CBDCs would have far-reaching consequences for decades for households, businesses, and the monetary system. If successful, CBDCs will usher in a new era of money. Nonetheless, it is still early days. It is still hard to tell.
No generally applicable best practices or standards will ensure CBDC issuance’s eventual success. On the other hand, a maturity evaluation might help the CBK make decisions on CBDCs. This position informed the CBK’s decision to seek feedback from the public on the applicability of a CBDC in February 2022.
Individual African countries cannot devise a worldwide plan to foresee the growth of private transnational digital currencies amidst crypto regulation needs because of their small economies.
The eNaira upgrade will allow customers to do transactions such as paying for DSTV, electric bills, and paying for flight tickets
Decentralization takes...
