Customers of Vodafone Cash and CalBank have been granted the opportunity to test the online version of Bank of Ghana’s Central Bank Digital Currency (CBDC), the eCedi.
The statement issued by the Central Bank of Ghana suggests that neither this investment scheme nor the Promoters of the company have obtained the approval of the Bank of Ghana, to operate in the banking and payment services sector.
The Central African Republic has officially become the second country to adopt Bitcoin (BTC) as legal tender.
During the release, the team of analysts from PwC revealed that a majority of central bank institutions are planning to launch a Central Bank Digital Currency (CBDC) to reap the benefits of the burgeoning digital economy.
The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.
According to the details shared by the Bank of England, the twelve-month research project will explore potential challenges, opportunities, and risks associated with the designing of a central bank digital currency system. For the research, BOE will work with the Digital Currency Initiative (DCI) team in the Media Lab of the Massachusetts Institute of Technology.
The Bank of Ghana’s agenda to promote innovative and affordable digital financial services as a means of expanding financial inclusion and encouraging the use of digital payment is commonplace.
U.S. President Joe Biden directed federal agencies to coordinate their efforts at drafting cryptocurrency regulations in a first-of-its-kind executive order on Wednesday, March 9.
The statement issued by the Central Bank of Ghana suggests that the cryptocurrency nor the promoting company has no approval from the Central Bank of Ghana to operate in the Ghanaian banking and payment sector.
EMTECH, the modern worldwide provider of central banking digital infrastructure, today announced it has launched the first multi-country and multi-regulator solution for central banks, financial regulators and Fintech solution providers, the EMTECH Digital Regulatory Platform (DRP).
