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Tag: fiat currency

Georgia to Pilot Digital Currency in Retail Commerce Next Year

October 8, 2021 wp-bot Bitcoin News

The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year

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Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals

October 3, 2021 wp-bot Bitcoin News, Blockchain

The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A

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New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’

September 21, 2021 wp-bot Bitcoin News

The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For

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Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

September 16, 2021 wp-bot Bitcoin News

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat

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Central Bank of Venezuela Announces ‘Digital Bolivar’ Redenomination Plan

August 7, 2021 wp-bot Bitcoin News

The Central Bank of Venezuela announced the new redenomination plan for its fiat currency called “Digital Bolivar.” This new proposal seeks to simplify transactions by

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Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

July 31, 2021 wp-bot Bitcoin News

Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not

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