Four Chinese cities – Guangzhou, Tianjin, Yiwu, and Fuzhou, are set to become part of China’s digital currency trial. As per reports, China’s eCNY, or digital...
Skepticism towards cryptocurrencies isn’t new, especially from the likes of regulators and financial agencies. The ECB is no exception. In a recent interview with Bloomberg, President...
The Russian central bank released a new report for banking institutions to limit “shady” transactions. While the guidelines were for the purpose of controlling illicit money...
Even as developed nations around the world continue to advance to different stages of developing their CBDCs, China seems to be well ahead of the others....
Countries around the world are either accepting Bitcoin‘s existence and utility or adopting it as one of their own. This acceptance is, however, not universal, and...
Countries around the world have stepped up their efforts to launch and promote their Central Bank Digital Currencies (CBDC). And, China seems to be winning that...
The Bank for International Settlements (BIS), spearheaded by Singapore, will test the use of central bank digital currencies (CBDCs) for efficient global payments. Via a recent...
Over 85 percent of Central Banks are now considering adopting digital currencies in their respective countries. The Central Bank of Nigeria (CBN), is one of them....
Central Bank Digital Currencies (CBDC), which are state-backed cryptocurrencies, have been all the rage within governments all over the world as many have joined the race...
Africa is witnessing a constantly increasing interest cryptocurrencies. Many regions such as Nigeria and Ghana saw major circulation numbers lately. Well, this marks a reducing dependence...
