The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022.
Narrowing the Financial Exclusion Gap
The Zambian central bank has said it expects to complete a research study that […]
Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time of up to 14 years, former CEO Lee Byung-gul has been sentenced to 22 years in prison. The development comes as prosecutors […]
The American credit rating agency Fitch downgrades El Salvador’s rating because of its BTC Adoption risks and it got its long-term foreign-currency issuer Default Rating to CCC from B- as we can see further in our today’s latest bitcoin news. Fitch cited policy unpredictability stemming out of the increased concentration of power in teh presidency […]
The Hungary central bank governor Gyorgy Matolcsy urged the country to impose a ban on bitcoin mining and trading, seeking help from the EU as well so let’s find out more in our latest cryptocurrency news today. The Central bank of Hungary joined the growing number of central monetary entities which think that BTC tradign […]
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Kenya joins the growing list of countries that are exploring national digital currency options. The Central Bank of Kenya has said the use of a Central Bank Digital Currency (CBDC) could enhance cross-border payments by making them more efficient and less costly. More and more countries are now exploring a CBDC option. Earlier, the Indian […]
On Thursday, the Reserve Bank of India (RBI) governor Shaktikanta Das made it clear that private cryptocurrencies are a threat to macroeconomic and financial stability and undermine its ability to deal with challenges on the two fronts. Cautioning investors, the central bank’s governor said such assets have no underlying whatsoever, not even a tulip. The […]