Tag: digital currencies

Zone, an emerging powerhouse in Africa's financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m oversubscribed seed funding round.

Bank Indonesia, Indonesia’s central bank, has released a whitepaper that underlines plans for its central bank digital currency (CBDC).

The military junta leading Myanmar has drafted a cybersecurity law that would ban the use of VPNs and digital currencies.

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.