In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The Swedish Central Bank continues to work on the e-krona project. For more than a year, the commission has been studying the technical possibilities for issuing a national digital currency.
According to the New York Times, Japanese Central Bank Vice Chairman Masayoshi Amamiya, speaking at a meeting in Nagoya, expressed doubts that cryptocurrencies issued by central banks could improve existing currency systems and said that the Central Bank of Japan has no intention of issuing its own cryptocurrency.
Ukraine is preparing to issue digital money - “e-hryvnia”, an analogue of cryptocurrency, which, in fact, is not a crypto-asset.
Chairman of the Board of the Eurasian Development Bank (EDB) Andrey Belyaninov said at the international media congress, which is currently taking place in Almaty, Kazakhstan, that the EDB is considering the possibility of creating a single regional unit of account in the Eurasian Economic Union (EAEU), and it is possible that such a unit could become a cryptocurrency.
According to a Reuters report last week, Venezuela's oil-backed cryptocurrency is largely unused and the government, despite promises, is doing nothing to put its oil reserves to use in this space.
The mayor of Naples wants to launch an autonomous municipal cryptocurrency as a counterweight to the “rotten euro” in order to free himself from Northern control over the southern cities of Italy.
The correct conversion to the new Sovereign Bolívar can now be verified through the Android application launched by the Central Bank of Venezuela.
Coindesk reports a sharp increase in trading volumes on Turkey's cryptocurrency exchanges as the nation's own currency, the Turkish lira, collapsed to a new record low.
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