Jerome Powell Argues Stablecoins Can Coexist With CBDCs
The hearing of Jerome Powell, who is seeking another term as head of the Fed, took place in the United States last week. During the event, he spoke about CBDCs,…
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CBDC
Jamaica’s Central Bank Completes CBDC Trial
Central banks around the world are exploring the use of digital currencies in an effort to reduce financial costs and increase efficiency. To do this, these…
Mexico plans to introduce CBDCs by 2024
The Mexican central bank (Banco de México) has announced it plans to issue its own digital currencies by 2024. Thus, Latin American nations have joined China,…
Ukraine Bank Launches Stellar Lumens-Based CBDC Pilot
A recent announcement from the Stellar Development Foundation (SDF) has disclosed that the Stellar blockchain can be utilized to test the development of an digital…
The Govt is not likely to introduce crypto legislation in the Winter Session of Parliament
The government is unlikely to introduce crypto legislation in the winter session of parliament.
The Cryptocurrency and Regulation of Official Digital Currency…
Indonesia’s Central Bank Wants To Use CBDC To Counter Bitcoin
Bank of Indonesia, the central bank of the country, has revealed its plan to issue a central bank digital currency (CBDC) to fight back against bitcoin.
The…
Peru is looking to establish its CBDC
Peru has been working on its CBDC. It does not want to be left behind in comparison to other countries, but they are still in the early stages of development.…