Digital Dollar Project urges US Authorities to work on a CBDC

The Digital Dollar Project (DDP) has asked the American authorities to work on the development of the digital dollar.

Parth Dubey January 19, 2023 at 03:30 UTC (1 minute ago) The Digital Dollar Project (DDP) has asked the American authorities to work on the development of a CBDC. An extended version of the whitepaper was released by DDP which focuses on the usage of the digital dollar on an international level. CBDC projects around … Read more

Bank of America Says CBDC Could be the Future of Money –

Bank of America Says CBDC Could be the Future of Money –

China has the most advanced CBDC structure but bans cryptocurrency as a means of payment. The Bank of America believes CBDCs and stablecoins could play a role in how money is defined. Over 90% of central banks are considering issuing a CBDC. The growth of the crypto sector has captured the attention of global organizations, … Read more

Mexico’s CBDC is Likely to be Delayed: Local Reports

The central bank of Mexico is putting the finishing touches on the technological, administrative, and legal requirements for its CBDC.

Parth Dubey January 9, 2023 at 16:35 UTC (4 minutes ago) The central bank of Mexico is putting the finishing touches on the technological, administrative, and legal requirements for its CBDC. Mexican government had declared its intention to launch the digital peso in December 2021 to increase financial inclusion in the country. The country’s financial … Read more