Search Results for "regulation digital currency"
Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US
Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.
Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency
Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency
KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.
China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First
China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
US Fed Chair Jerome Powell Grilled Over FedCoin Digital Currency Progress
Federal Reserve chairman Jerome Powell spoke before the US House Financial Services Committee. He was questioned regarding the central bank’s digital currency efforts, China, and Libra. He said that they are working hard on the digital currency.
Mauritius Jumps on Digital Currency Bandwagon
The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.
China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra
Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check
Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos
Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.
Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan
The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.
Wales Eyes Own Digital Currency for Speedy Business Transactions
Wales has set its eyes on creating a complementary digital currency. It has been speculated that it could enhance the nation’s economy by approximately £250m in the next ten years.