Visa has announced the development of a programmable financial platform for Real Digital - a digital currency of the Central Bank of Brazil (CBDC) that is scheduled for launch in 2024.
Zimbabwean authorities have decided to introduce a new digital currency that will be backed by gold. The new central bank digital currency (CBDC) can be used as a means of payment within the country and to maintain its stability.
Georgia, a country at the crossroads of Europe and Asia known for its ancient and unique history, has become one of the most cryptocurrency-friendly countries in the world in recent years.
The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain network.
The cryptocurrency ecosystem is vast and growing, with new segments sprouting up faster than innovation can keep up. Early on, the industry consisted of miners and hobbyists who were in it for the tech.
It is now a fact that more and more people are making profits in cryptocurrency. This applies not only to investors and traders, but also the many people that receive cryptocurrency as payment for their labor.