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Tag: CBDC

Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies: Central Bank Official

September 14, 2021 wp-bot Bitcoin News

As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming

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BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

September 12, 2021 wp-bot Bitcoin News

The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies

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Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

September 12, 2021 wp-bot Bitcoin News

Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker

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CBDCs could lead to ‘deeply negative interest rates’: Wall Street Journal

September 10, 2021 wp-bot Cointelegraph

Issuing CBDCs may give a central bank more power over interest rate adjustments according to a new report.

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Here’s why Algorand’s price just rallied to a new multi-year high

September 10, 2021 wp-bot Cointelegraph

Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally

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As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs

September 9, 2021 wp-bot Cointelegraph

Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems.

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