The National Bank of Georgia said that it is considering launching a central bank digital currency.Read more
The Central Bank of the Bahamas is preparing a national push for its digital currency this summer to get more Bahamians signing up for the Sand Dollar.Read more
Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) will co-exist “for a while” with more restrictive digital currencies like China’s digital yuan, Binance CEO Changpeng Zhao said in a Bloomberg interview on Monday.Read more
When European Central Bank board member Fabio Panetta addressed the European Union Committee on Economic and Monetary Affairs in April, he emphasized the importance of privacy in any potential future CBDC rollout.Read more
Eric Weinstein, managing director of Thiel Capital and host of the popular podcast The Portal, urged his followers over the weekend not to get caught up in Bitcoin’s (BTC) daily fluctuations.Read more
Major Chinese tech and commerce firms are starting to open up regarding their involvement in developing the digital yuan.Read more
The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO.
“Demand on the crypto side has been multiple-fold to what we initially expected.
As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public.Read more
The Norwegian central bank, Norges Bank, is set to test various technical solutions for a central bank digital currency following years of research.Read more
Beijing’s bid to better control money laundering and illicit transactions through a fully-traceable central bank digital currency could pose a threat to the country’s popular gambling hub Macau.Read more