Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents’ persistent use of cash?
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC.
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants.
The country is relatively new to crypto adoption, but is building momentum quickly.
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program.
A digital euro would not replace cash, but complement it, says the European Central Bank.
People continue to turn to Bitcoin and other cryptocurrencies to boost their profits even amid a pandemic.
The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform.