Thursday, May 30, 2024

Tag: Digital currency

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...
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...
According to a report, the Reserve Bank of Zimbabwe is planning to issue a gold-backed digital currency.
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."
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.
105 countries are investigating central bank digital currencies around the world in 2022, but the majority of nations are still conducting research.
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.