Central Bank of Mexico Will Launch Its CBDC In 3 Years
The Governor of Banco de Mexico (the country’s central bank) informed that Mexico will have its CBDC in full circulation within the next 3 years.
Ukraine’s central bank bans purchasing cryptocurrency using local currency
Ukraine’s central bank has banned the use of cryptocurrencies and Ukrainians can only us foreign currency to purchase crypto with a hryvnia limit ($3,400) per month.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot will be executed during the last six months of this year.
Iran plans to launch its own CBDC
Iran has announced plans to launch its CBDC. The country has announced a regulatory framework for the crypto-rial.The CBDC will be minted and distributed by the Central Bank of Iran.
BIS releases study of CBDCs and their role in financial inclusion of the unbanked
The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges.
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions.
Central banker conference to examine 'safe DeFi' and CBDCs next week
The event will examine how DeFi markets may evolve and what roles central banks and Central Bank Digital Currencies may play in creating a secure environment.
Elizabeth Warren Calls for US to Create a CBDC
"I think it’s time for us to move in that direction," the Democratic senator from Massachusetts tells Chuck Todd in an interview to be aired Thursday night U.S. time on Meet the Press Reports.
'No Plan to Issue CBDC' — Bank of Japan Governor
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments.
ECASH: U.S. Politicians Propose Bill for a Non-Blockchain-Based Digital Dollar
The proposal is aimed at authorizing the Secretary of the Treasury to develop a non-blockchain-based digital dollar that would support privacy and anonymity just like the fiat dollar.
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