central bank digital currency

BIS consultative group proposes retail CBDC architecture

According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development.

The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.

The proposed amendments would allow for sweeping changes to the country’s financial sector.

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.

India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.