Ripple Labs Inc, a company known for blockchain innovation and digital payments, has announced an initiative to transform the real estate industry using tokenization. Antony Welfare, the Central Bank Digital Currency (CBDC) advisor at Ripple, […]
Mercado Bitcoin – the largest cryptocurrency exchange in Brazil – will reportedly participate in the country’s pilot project to launch a digital real. The central bank intends to issue such a financial product in 2024. […]
On June 22, the IMF reported on the benefits of CBDCs noting that they could lower remittance costs and improve financial inclusion. It also stated that crypto needs to be regulated for digital assets to […]
The International Monetary Fund (IMF) is working on a global platform to make the Central Bank Digital Currencies (CBDCs) launched by numerous world governments more interoperable, reported Reuters on Monday. The agency believes widespread agreement […]
In 2022, the Brazilian CBDC pilot was officially announced, unveiling the plan to create a digital real pilot. This digital currency would be pegged to the national fiat currency, the real, ensuring a stable value. […]
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code […]
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