The Brazilian Minister of Economy, Paulo Guedes, announced this Thursday that the Central Bank authorities are working on their own CBDC, or digital currency of the central bank.
Although details of the digital version of the Brazilian real, the local currency, have not been advanced, Guedes…
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digital currency
France selects ConsenSys to develop its digital currency
ConsenSys was selected by the Central Bank of France for the development of its own digital currency. The Ethereum incubator would provide the technological support and knowledge in this area. The work has been entrusted to the Société…
Toyota works on its own digital token
In a statement issued on Monday, the IT division of Toyota Motors Corporation announced a pilot plan in conjunction with the crypto platform DeCurrent to develop its own token.
According to company sources, "The large-scale pilot will…
Bahamas already has its own digital currency
This week, the Central Bank of the Bahamas launched its own digital currency, known as the Sand Dollar, which maintains its parity with the Bahamian dollar.
The financial institution seeks with this to "promote a more inclusive access to…
Bank of Japan to work on the digital yen in 2021
The Bank of Japan, together with other entities such as the Bank for International Settlements (BIS), published a document in which they discussed the development of their own digital currency.
As specified in the text, it is planned to…
4 Chinese banks will test digital yuan and distribute it as a state subsidy
The Agricultural Bank of China, one of the country's largest commercial banks and owned by the Chinese government, began testing the digital yuan as a national digital currency project, as reported by cryptocurrency Bitcoinist, adding that…
Panama will host the 4th edition of the Blockta Summit Latam
The Blockchain Summit Latam is preparing for its fourth edition that will take place at the W Panama Hotel in Panama City, on March 12 and 13 and will have as its main theme the applications of this technology for financial services and…
Pompliano says bitcoin price could reach USD 100,000
This Sunday the price of bitcoin has reached $ 10,000, thus breaking its key psychological level. For many experts this figure represents just the beginning of a high rise of the cryptoactive.
Anthony Pompliano, co-founder and partner of…
US Federal Reserve evaluates issuing the digital dollar
The US Federal Reserve It is analyzing whether the launch of its own digital currency could be an effective counter to reduce operating costs and also provide payment security, as reported by Lael Brainard, member of the board of governors…
Bitcoin price rises again and touches USD 9,000
During the last hours, the price of bitcoin (BTC) quickly fell 3% from USD 8,863 to USD 8,557 and for the third time, in 24 hours, the bulls were forced to defend the support level of USD 8,600 that has currently been Bought in every fall.…
WisdomTree Investment announces the new stablecoin backed by fiat currencies
The management company of financial assets and publicly traded funds in New York-based stock exchanges, WisdomTree Investment, announced plans for the creation of a new stablecoin that complies with all the respective regulations to operate…
Lagarde urges eurozone governments to coordinate fiscal stimulus plan
The president of the European Central Bank (ECB), Christine Lagarde, has argued that the application of a concerted plan of fiscal stimuli in the Eurozone would accelerate the growth of the region's GDP, which the issuing institute foresees…