Japan’s central bank digital currency plans will reportedly take shape by the end of 2022 as CBDC development across the globe gathers pace. With China leading the charge, other major economies seem to be working towards international collaboration to counter Beijing’s national digital currency ascendency. Japan’s CBDC Still an Experimental Project According to Reuters, theRead More
Several countries are discussing the adoption of digital currencies to be issued by their respective central banks recently, as cryptocurrencies continued to find a place in their financial systems. F
The absence of volatility in the XRP market has prevented huge price movements in recent days, although it has drifted in either direction in response to broader market trends. While XRP has been consolidating quietly for the most time. Ripple has been making moves towards developments and collaborations that will surely pump the price up. …
Crypto analyst and influencer Ben Armstrong, who is the host of YouTube channel “BitBoy Crypto”, talked about about XRP (which is currently the seventh most valuable cryptoasset by market cap) in a video (titled “Bitcoin & XRP: 2 BEST Opportunities in Crypto”) for his super popular YouTube channel. Here is what Armstrong said about Ripple and XRP: Ripple […]
Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More
Recently central banks across the world have been progressing towards the idea of creating central bank digital currencies. Major central banks, including the European Central Bank, the Bank of Japan, and The People’s Bank of China, have expressed interest in them, with the ECB even going as far as to publish a report on the […]
According to a ruling party official overseeing the digital yen, Japan will gain more clarity on its central bank digital currency(CBDC) by the next year.
According to the Reuters report, Japan will have more clarity on what a digital yen would look like late next year, a lawmaker overseeing the ruling party’s digital currency plan said. Earlier, the Bank of Japan launched the first phase of its central bank digital currency (CBDC) experiment in April, joining counterparts aiming to ward […]
As the Covid-19 pandemic continues to rattle global economies, cryptocurrency, and its most popular coins bitcoin and Ethereum, have proven to be enticing...