Crypto regulation has been endorsed by Brazil’s central bank
The Brazillian Central bank head Roberto Campos Neto spoke about the country’s CBDCs project and also recognizes the demand for greater crypto regulation as the country evolves in the market. Roberto Campos Neto, president of the Central Bank of Brazil, spoke at an online session hosted by the Council of the Americas about transparent payment […]
Afroblocks suggests Ghana’s CBDCs should emulate cryptocurrencies
Afroblocks’ co-founder Omar Majdoub urges Ghana’s central bank to involve the expertise of an experienced crypto expert to help in the success of the e-cedi. The Bank of Ghana’s (BoG) latest central bank digital currency (CBDC) effort has been regarded with mistrust, as Afroblocks, an in-house independent association, speculates on the central bank’s goals. While […]
Argentina’s President embraces Bitcoin and CBDCs, even though the central bank says no
Argentina’s President Alberto Fernandez has expressed his support for digital assets, claiming that there is no reason to oppose the new asset class. His view on this is opposed to that of the country’s, central bank head who has rejected the idea. Fernandez reacted to a query regarding whether he would explore a central bank […]
Bank of Ghana partners with G+D, a German banknote printing firm
Bank of Ghana is working towards achieving its CBDC goal by partnering with Giesecke+Devrient (G+D) firm which specializes in currency and securities printing. This is also the same firm helping the Bank of Thailand in piloting its CBDCs. By cooperating with a German currency technology company , the Bank of Ghana (BoG) is taking another […]
Venezuela’s “Digital Bolivar” debuts in October
Venezuela’s Central Bank will simultaneously devalue its currency by deducting six zeros from it in order to combat monetary inflation. Venezuela’s currency will be undergoing a transformation in more ways than one as the government attempts to contain inflation while also establishing monetary sovereignty. The Central Bank of Venezuela announced today that the digital bolivar, […]