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Bahamas Secured Top Spot For Retail Applications In PwC CBDC Global Index

One freshly-updated ranking regarding international central bank digital currencies (CBDCs) has reportedly granted the Bahamas the top spot, in the field of retail applications. Specifically, the...

| May 04, 2021 11:03

Facebook Plans to Offer Government-backed Digital Currencies in Addition to Libra

Social media company Facebook, Inc. has revamped its digital currency plans and it now includes government-backed currencies, The Information reported. Facebook is reportedly planning to offer...

| Mar 07, 2020 11:51

Major Central Banks Met to Discuss Work On Joint CBDC Project AT IMF-hosted Conference

A conference will be held in April this year, with participation form 6 central bank heavyweights, to talk about the possible introduction of central bank digital currencies (CBDC). Specifically...

| Feb 07, 2020 15:29

Central Banks May Issue Digital Currencies in the Future, Says IMF

In the future, central banks worldwide are predicted to issue digital currencies to emerge national economies, reported by The International Monetary Fund (IMF). Earlier, IMF and World Bank have...

| Jun 30, 2019 15:08

Bank of Russia Considering Proposal to Release a Gold-pegged National Cryptocurrency

The Central Bank of Russia is reportedly reviewing a proposal that, if passed, would introduce a new stablecoin supported by the gold reserves of the country. According to a Russia-based national news...

| May 29, 2019 04:25

US Tax Authority Makes Issuing Cryptocurrency Guidance a Priority

The US Internal Revenue Service (IRS) has recently issued a letter, claiming that drafting the tax guidance for crypto-related activities has been made its top priority. Specifically, the letter...

| May 23, 2019 04:15

Central Banks Should Let Corporations ‘Battle Test’ Cryptocurrency Issuance, said PwC Partner

On March 22, PwC France partner Pauline Adam Kalfon suggested that central banks before officially issuing digital currencies, they should hand over the testing part to corporations such as Facebook...

| Mar 25, 2019 04:30