Tag: currency
Visa and Wirex Partner on Digital Currency Use in Europe, UK
Visa has teamed with WireX to promote the use of digital currencies in Europe and the UK. “This collaboration will explore new opportunities to leverage and integrate innovative Visa cards and reduce friction in payment experiences,” the companies said in a news release Monday (July 15). “By combining the strengths of both companies, consumers will …
Taiwan’s Central Bank Takes Cautious Approach to Digital Currency Development
While some countries are in a heated race to develop central bank digital currencies (CBDCs), Taiwan’s Central Bank Governor, Yang Jinlong, is advocating for a more cautious approach. In a report by local news outlet UDC released ahead of a parliamentary meeting on July 10, Yang emphasized that prioritizing issuance isn’t the main goal. He …
China, Kazakhstan central banks to cooperate on digital currency – Ledger Insights
Last week China’s President Xi Jinping visited Kazakhstan.The Chinese government reported that the country supports Kazakhstan becoming a member of BRICS and President Xi penned an article in a Kazak newspaper. The National Bank of Kazakhstan and the People’s Bank of China signed a memorandum of understanding to cooperate on digital currency. This was one …
Taiwan central bank says no timetable for launching digital currency
TAIPEI (Reuters) – Taiwan’s central bank said on Sunday that it has no timetable for launching a digital currency, warning the process will be “huge and complex”, but it will hold public hearings on the matter next year to spread knowledge. Taiwan’s central bank has been working on a pilot for a government-run digital currency, …