Tag: digital currency

Bank of England Continues its CBDC Research

Central bank digital currencies are  a topic of massive debate. Several governments see merit in this concept, whereas others will try to steer away from it. Bank of England officials are still pro-CBDC, even though that has been different not that long ago. More Banks Show an Interest in CBDC Research With the Brexit now looming ahead, the time for experimentation is just around the corner. If Britain were to …
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PBoC Officials Confirm its Digital Currency has Major Telecom Support

There are still many questions associated with China’s digital currency plans. The PBoC has now confirmed how the currency will be tested in a few cities, and will gain the support of telecom giants. The to-be issued central bank currency in China will go through rigorous testing first and foremost. PBoC Announces Digital Currency Test Although very few details are known about it at this time, it seems more information …
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Tunisia’s E-Dinar Officially Enters the Testing Phase

Various countries mull issuing their own digital currency. To many people’s surprise, Tunisia has made significant strides in digitizing the domestic currency.   That is uncommon among Maghreb countries, yet it also presents new opportunities. The E-Dinar Project Continues It is a well-known secret Tunisia has some tough financial decisions to make. Either they issue additional paper money to offset electronic currency, or they take a different approach. Based on the …
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The European Central Bank Moves Closer to Issuing a Digital Currency

The European Central Bank is between a rock and a hard place. Keeping up with the current rate of innovation has been a struggle. Sources close to the matter claim the ECB will accelerate its plans to issue a digital currency.  Anyone in the world can create a digital currency. Central banks all over the world are mulling the idea of doing so. A Tough Call for the European Central Bank …
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