The British Virgin Islands had been reported to be developing a national digital currency to replace the US dollar, but it has now denied any crypto links.
France intends to test its central bank digital currency in the first quarter of 2020, intending to become the first in Europe to do so.
Ghana’s central bank chief revealed that the country is working on issuing a digital currency as the country moves towards digital money.
Hong Kong and Thailand have been conducting research on a state-backed digital currency, with the report coming by Q1 next year.
The blockchain-based digital lira is expected to be issued as part of the 2020 Annual Presidential Program, allowing residents to make instant payments using the digital currency.
China is seeking to hire tech experts in its digital currency division as it braces itself to launch the world’s first state-backed crypto.
A letter has been drafted by two legislators and sent to the chairman of the the Federal Reserve, asking for clarification on the subject.
A new economic road map has been unveiled by the Turkish government, that calls for greater development through blockchain innovation.