An official with the Central Bank of Nigeria (CBN) told a local news outlet that the central bank is hoping to launch a central bank digital currency (CBDC) “before the end of the year. Director of IT for CBN, Rakiya Mohammed, announced during an online news briefing at a Bankers Committee meeting. She stated that the bank […]
The Basel Committee on Banking Supervision, the main international standard-setter for the prudential regulation of banks and provides a forum for regular cooperation...
On June 15th, the House Financial Services Committee, Task Force on Financial Technology (Fintech) will hold a hearing on central bank digital currency...
The transformation of consumer expectations and incumbent banks’ slowness to meet evolving consumer needs are creating significant opportunities for Southeast Asia’s new and...
As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an. Blockchain Technology for Salary Payments in Digital Yuan According to People’sRead More
It has been recently revealed that the president of Tanzania wants the Central Bank of the country to start exploring Bitcoin and other digital assets.
In what appears to be the latest move by a sovereign country to embrace cryptocurrency, Tanzania’s President Samia Sulhulu has asked the country’s Central Bank to start exploring the crypto sector, as per local outlet The Citizen.
Kaeleb Mckay, a Glasgow rooftop company CEO recently told the British press that his business had seen soaring numbers since customers started paying in crypto. In addition, he said that more of its customers, including retirees, are willing to pay with crypto. Pensioners Paying In Crypto Kaeleb Mckay, who runs a roofing company with hisRead More