Digital Currency

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Central African Republic to Launch Official Digital Currency Hub

The Central African Republic (CAR) has begun to unveil its digital currency-focused initiatives. According to a 24-page presentation for the initiative, Sango will be a ‘crypto’ island where digital currency trading will have legal recognition—the first of its kind in Africa.

Staff Reporter May 31, 2022 3 min read Finance

Florida Governor DeSantis Says Sunshine State Working on Accepting Bitcoin for Tax Payments

The budget included three new programs – one that would encourage Florida’s Department of Financial Services to use crypto assets within the state, and two others that would evaluate the feasibility of making car registration and healthcare available through blockchain technology.

Staff Reporter Mar 24, 2022 3 min read Finance

Philly Gov Will Officially Not Pursue CityCoin, CIO Mark Wheeler Says

The cryptocurrency program is just too new and doesn't align with the local government's fundraising standards, the chief information officer said after weeks of internal discussion and public speculation.

Staff Reporter Mar 18, 2022 2 min read Finance

Biden’s Executive Order: A Turning Point for Digital Asset Regulation

President Biden’s executive order puts forth a competitive and inclusive vision for the future of digital assets.

Staff Reporter Mar 14, 2022 6 min read Finance

Ukraine Raises over $16 Million in Digital Currency Donations

Ukraine’s government has raised more than $16 million in digital currency donations to help it get through the invasion from Russia.

Staff Reporter Mar 2, 2022 2 min read Finance

Philippine Central Bank BSP Unlikely to Issue Digital Currency

THE Bangko Sentral ng Pilipinas (BSP) is unlikely to issue its own central bank digital currency (CBDC) in the near term, according to BSP Governor Benjamin E. Diokno.

Staff Reporter Feb 9, 2022 4 min read Finance

US Federal Reserve Releases Discussion Paper on Central Bank Digital Currency

Federal Reserve Board releases discussion paper that examines pros and cons of a potential U.S. central bank digital currency

Staff Reporter Feb 8, 2022 5 min read Finance

China Launches Digital Yuan App

China has released the new digital yuan app for iOS and Android on domestic app stores. The app is available to users in 12 cities across China and will be available to foreign visitors at the Winter Olympics – but its audience will be limited. Tencent-owned WeChat announced it would begin rolling out the e-CNY as a payment option on its platform, potentially introducing the digital currency to over 1.2 billion users.

Staff Reporter Jan 24, 2022 4 min read Finance

El Salvador’s Bitcoin Wallet Onboards 4M Users with Netki Partnership

Chivo, El Salvador’s official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says.

Staff Reporter Jan 24, 2022 2 min read Finance

Mexico’s Central Bank to Have Digital Currency by 2024

The Central Bank of Mexico (Banxico) plans to launch a central bank digital currency (CBDC) by 2024, the Mexican government confirmed in a tweet.

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