This Wednesday, June 9, the Congress of El Salvador approved a law that will convert bitcoin into legal tender in this nation. The initiative was approved with the votes of 62 deputies of the 84 in Parliament and will enter into force 90 days after its publication in the Diario Oficial.
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digital currency
Central Bank of Brazil studies the creation of a cryptocurrency
The Central Bank of Brazil is studying the possibility of developing a digital currency, with the aim of creating a virtual digital extension of the Brazilian real to "accompany the dynamism of technological evolution of the Brazilian…
Bitcoin hits new all-time high and reaches $ 63,000
This Tuesday, April 13th, bitcoin surpassed $ 63,000 (equivalent to 52,985 euros) for the first time and set a new record, close to $ 63,200 (53,153 euros), driven by investors' fear of inflation.
According to the Bloomberg news portal,…
Japan to experimentally test digital currencies
The Bank of Japan announced that it will carry out tests with a digital currency, conceived in response to the boom in digital payment services and cryptocurrencies, and in line with initiatives undertaken by other reference entities.
The…
The Caribbean will have a joint cbdc
At the end of March, the Eastern Caribbean Central Bank (ECCB) announced the launch of its own Dcash, which will initially circulate in four countries in the region.
Specifically, the digital currency is planned to join the economies of…
Brazil announces it works on its own CBDC
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…
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…