North America
Central Bank of The Bahamas Initiates Consultation on a Plan to Eliminate Use of Paper Cheques
The Central Bank of The Bahamas has officially started consultations with banking institutions, credit unions as well as other payment...
Read moreBank of Mexico Planning to Introduce CBDC by 2024
The Government of Mexico announced via Twitter yesterday the Bank of Mexico would introduce a CBDC by 2024. The tweet...
Read moreBanxico Plans to Put its Digital Currency Into Circulation in 2024
Adoption Central bank digital currencies (CBDC, for its English acronym) is also part of the Banco de México . Agenda...
Read moreEastern Caribbean CBDC Expands to Another 2 Territories
The Eastern Caribbean Central Bank (ECCB) rolled out its digital payment system to the Commonwealth of Dominica and the British...
Read moreEastern Caribbean Central Bank Takes E-Money to Two More Nations
The Eastern Caribbean Central Bank on Tuesday will begin rolling out its DCash digital currency to Dominica and Montserrat --...
Read moreExpert Proposes Canadian CBDC
A report from the C.D. Howe Institute has proposed that The Bank of Canada should issue a central bank digital...
Read moreOver 60 Countries Entered the Race for Their Own Digital Currency
The use of cash is dwindling. Back in 2011, over 50% of transactions in the US involved cash. This number...
Read moreCentral Bank Estimates ‘North of $300K’ Sand Dollars in Circulation
The Central Bank estimates that in excess of 20,000 individuals are currently utilizing Sand Dollars, with “north of $300,000” of...
Read moreThe Sand Dollar: Digital Currency Of The Bahamas
When the Bahamas got hit by hurricane Dorian in 2019, a string of islands named Abaco, on the north of...
Read moreBank of Canada Considering Own Digital Currency to Rival Bitcoin
The Bank of Canada is considering issuing its own digital currency in competition with bitcoin (BTC), seven years after the...
Read more