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Search Results for: central bank digital currency

Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...
BIS backs central bankers on tracking digital currency data under new project
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7 April, 2023

BIS backs central bankers on tracking digital currency data under new project

Building on Project Icebreaker, the BIS introduced a new scheme that would partner with top banks to help support the...
Turkey’s central bank set to launch state-backed digital currency in 2023
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31 October, 2022

Turkey’s central bank set to launch state-backed digital currency in 2023

Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
Australia may opt for wholesale digital currency, central bank says
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31 August, 2022

Australia may opt for wholesale digital currency, central bank says

The Reserve Bank of Australia is looking to press ahead with its CBDC adoption plan; however, it is eyeing to...
Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank
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5 August, 2022

Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank

The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in...
Central Africa’s regional bank urged to issue a common digital currency for its members: report
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27 July, 2022

Central Africa’s regional bank urged to issue a common digital currency for its members: report

If the move is implemented, the nations collectively known as CEMAC will be the first to introduce a regional digital...
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