International Monetary Fund ‘Working Hard’ On A Global Central Bank Digital Currency Platform
International Monetary Fund Managing Director Kristalina Georgieva stated that the IMF is “working hard” on a global central bank digital currency platform. The International Monetary Fund (IMF) is “working hard” on a “global CBDC (Central Bank Digital Currency) platform,” the IMF managing director announced Monday. “If we are to be successful, CBDCs could not be […]
Now Zimbabwe To Launch Gold-Backed Digital Currency
The Reserve Bank of Zimbabwe has announced that Zimbabwe will launch a gold-backed digital currency, dumping the US dollar. Zimbabwe has become the latest country to dump dollar and has decided to issue gold-backed digital currency for “investment purposes with a vesting period of 180 days.” The country’s central bank has revealed that these tokens […]
Zimbabwe’s Central Bank To Issue Gold-backed Digital Currency: Report
According to a report, the Reserve Bank of Zimbabwe is planning to issue a gold-backed digital currency.
You Won’t Be Able To Spend Physical Cash In Near Future – Bank Of England
Speaking at the Innovate Finance Global Summit on Monday, Sir Jon, the deputy governor of the Bank of England, said that “you won’t be able to spend physical cash in the near future.”
Texas May Launch Its Own Gold-Backed Digital Currency
Sen. Bryan Hughes (R) introduced Senate Bill 2334 on March 10, which could result in Texas launching its own gold-backed digital currency if it’s passed.
Central Bank Digital Currencies Around The World In 2022
105 countries are investigating central bank digital currencies around the world in 2022, but the majority of nations are still conducting research.
Australia’s Central Bank Working With BIS To Launch Digital Currency System
An article in The Sydney Morning Herald has reported on a pilot program that Australia’s Central Bank is currently working on with BIS to launch a digital currency system, but it has the possibility that the access of citizens to the economy could be cut off at any time should they say or do anything in defiance of the authorities.