Banking

Georgia Announces Plans on Releasing Their CBDC by the End of 2022
Oct 07, 2021 at 11:36
News
Georgia Announces Plans on Releasing Their CBDC by the End of 2022
Interest in CBDC is growing all over the world. While many countries, most notably China, are actively working on developing their digital coins, some other countries are just preparing to jump on the bandwagon. Recently, Georgia has decided to join the CBDC race.
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
Sep 23, 2021 at 13:10
News
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
Despite reported issues with Chivo wallet, the citizens of El Salvador actively embrace bitcoin as their second national currency. About 25% of the population shifted to cryptocurrency including Bitcoin (BTC).
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
Sep 23, 2021 at 12:16
News
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.
Banks in EMEA Miss Out the Potential of Blockchain, with Only 19% Benefiting from the Technology
Sep 22, 2021 at 12:12
News
Banks in EMEA Miss Out the Potential of Blockchain, with Only 19% Benefiting from the Technology
More than 69% of banking institutions in EMEA (Europe, Middle East and Africa) could miss opportunities in the financial market over the next 24 months if they do not embrace digital transformation. Currently, only 19% of them are making efforts to keep up with technological advances.
The Chinese Digital Yuan Shows Success, but WeChat and Alipay Pose Threats
Sep 21, 2021 at 13:11
News
The Chinese Digital Yuan Shows Success, but WeChat and Alipay Pose Threats
China's Central Bank Digital Currency (CBDC) digital yuan, or e-CNY, has won a certain victory after completing tests in major Chinese cities. But the next war is now being fought between digital payment giants WeChat and Alipay.
Australia Gets Serious About CDBC; The Reserve Bank Announces a Digital Currency Job
Sep 16, 2021 at 10:00
News
Australia Gets Serious About CDBC; The Reserve Bank Announces a Digital Currency Job
The Reserve Bank of Australia (RBA) has advertised a position for a digital currency specialist. This is in line with the RBA's strategic plan to promote and support the development of payments in the country.
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
Sep 14, 2021 at 11:43
News
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
The Central Bank of Russia (CBR) has drawn up the Strategy on Financial Market Development by 2030, which makes clear its opposition to the cryptocurrency.
The Historic Date has Come; Bitcoin Officially Becomes El Salvador's National Currency
Sep 07, 2021 at 10:53
News
The Historic Date has Come; Bitcoin Officially Becomes El Salvador's National Currency
The world looks to El Salvador, as El Salvador officially recognises Bitcoin as its national currency today, September 7, 2021. Many crypto advocates are excited about Bitcoin becoming a national currency and are looking to El Salvador for more cryptocurrency developments.
The US Froze Nearly $10 Billion Afghan Money: Cryptocurrencies Are a Safe Haven
Sep 06, 2021 at 10:10
News
The US Froze Nearly $10 Billion Afghan Money: Cryptocurrencies Are a Safe Haven
After Afghanistan's 20-year civil war finally ended on August 31 with the withdrawal of foreign troops, another problem has emerged.
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