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Qatar Central Bank Studying Digital Banks and CBDCs


Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC...

Bank of Uganda Reportedly Commences CBDC Study


The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed to be clear why it must have this in the first place. Faster Movement of Money The Ugandan central bank...

Caribbean CBDC Functional Again After Two-Month Outage


  A digital version of the Eastern Caribbean dollar (XCD) known as DCash is working again as of Wednesday, after being down for almost two months due to a technical glitch. The central bank digital currency (CBDC), issued by the Eastern Caribbean Central Bank (ECCB), has been offline since...

Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies


The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...

Crypto Community is Divided on Biden’s Crypto Executive Order


  American crypto traders and investors are likely to face a new raft of regulations after the United Stated President Joe Biden issued an Executive Order entitled: “Ensuring Responsible Development of Digital Assets.” The document seeks to create a framework of stricter and – some argue – more...

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