Central Bank Digital Currencies - Tokenhell

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Israel’s Central Bank Experiments with Digital Shekel

Shelly Melancon (Switzerland) Jun 22, 2021 0 Comments

Israel joins other countries in the quest for a central bank digital currency (CBDC) as it takes ample steps towards…

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El Salvador’s Bitcoin Experiment Could Still Go Wrong

Shelly Melancon (Switzerland) Jun 21, 2021 0 Comments

Recently, El Salvador approved bitcoin as a legal tender. Within ten years, an open-source, cheap code for a new money…

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Some Beijing ATMs Now Offer Digital Renminbi Services

Shelly Melancon (Switzerland) Jun 18, 2021 0 Comments

Reports from various Chinese media outlets reveal that two Beijing banks now offer cash exchange services for the digital renminbi.…

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BoE’s Director of CBDC, Tom Mutton Highlights Benefits of CBDCs

Shelly Melancon (Switzerland) Jun 18, 2021 0 Comments

Following plans by the Bank of England (BoE) to release a central bank digital currency (CBDC), Tom Hutton, BoE's director…

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Nigeria to Get a Digital Currency Before the End of the Year- CBN

Shelly Melancon (Switzerland) Jun 12, 2021 0 Comments

The government of Nigeria is considering having its own digital currency before the end of the year. The Central Bank…

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Two Central Banks Experiment with Transnational CBDC

Shelly Melancon (Switzerland) Jun 11, 2021 0 Comments

The Bank for International settlement (BIS) is set to partner with the French and Switzapex banks to test run wholesale…

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Hong Kong to Connect Local Payments with Digital Yuan

Drugi Zawadzki (Poland) Jun 9, 2021 0 Comments

On Tuesday, officials stated that Hong Long plans to link community payments systems with the Chinese mainland's virtual currency. Keep…

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BoE Publishes Paper that Details the Implications of Stablecoins and CBDCs

Shelly Melancon (Switzerland) Jun 7, 2021 0 Comments

The Bank of England published a paper that attempts to assess the implications of both private stablecoins and digital currency…

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Ghana About To Have A Central Bank Digital Currency

Shelly Melancon (Switzerland) Jun 4, 2021 0 Comments

According to Ernest Addison (Ghana's central bank governor), the country's apex bank is almost on the verge of "having its…

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Beijing Residents Set For $6.2 Million Worth Of Digital Yuan Windfall

Shelly Melancon (Switzerland) Jun 2, 2021 0 Comments

China is continuing a test run of its digital currency by allowing Beijing residents to own $6.2 million worth of…

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CBN Governor says Crypto will ‘come to life’ in Nigeria

Shelly Melancon (Switzerland) May 28, 2021 0 Comments

Nigeria's central bank governor says the country's authorities will put in place proactive measures that will prevent the use of…

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Central Bank Of Indonesia Moves Forward Towards Rolling Out A CBDC

Mubashar Nawaz (United Arab Emirates) May 26, 2021 0 Comments

The Central Bank of Indonesia has recently pushed for the launch of a CBDC in the country as it continuously…

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Central Bank of Kuwait Warns Against Crypto Investment

Shelly Melancon (Switzerland) May 24, 2021 0 Comments

Kuwait's central bank says that state-issued currency is the only 'real' currency. Banks have issued a general warning to the…

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China Bans Institutions From Dealing in Cryptocurrencies

Shelly Melancon (Switzerland) May 18, 2021 0 Comments

The Chinese government has banned financial institutions in the country from the use of cryptocurrencies in their transactions. Reports From…

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UK Likely to Issue a Digital Currency Soon – BoE Deputy Governor

Shelly Melancon (Switzerland) May 14, 2021 0 Comments

Sir Jon Cunliffe from BoE has suggested that the UK may likely issue a CBDC to ensure that public money…

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China’s Digital Yuan Can Be the Future of Currency – But will it Affect Global Stability?

Eino Kinnunen (Finland) May 11, 2021 0 Comments

China's crypto, digital yuan, is having hopeful progress so far. You may have noticed how multiple administrations joined the crypto…