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.
A senior Mastercard executive said the company is open to national digital currencies issued by central banks, the Financial Times reported. Mastercard believes that a national cryptocurrency will provide the secure and easy payment method that decentralized cryptocurrencies provide, but with less volatility.
At the ASEAN Blockchain Summit, it became known that Cambodia is preparing to issue a national cryptocurrency. This is not surprising considering the fact that the Cambodian crypto community is constantly growing. The possibility of introducing a digital currency in Cambodia was announced after the launch of the Venezuelan ElPetro.
On the eve of the G20 summit, where issues related to government regulation of cryptocurrencies will be discussed, we are trying to understand one of the ways of government influence - “national cryptocurrencies”
The Marshall Islands will issue its own cryptocurrency to be used as legal tender alongside the US dollar, according to one of the Pacific republic's top officials.
At a meeting of the Board of Directors of Post Bank, Iranian Minister of Information and Communication Technologies Mohammad-Jwad Azari Jahromi proposed issuing a national digital currency based on cloud technologies. According to local media, Iran's central bank is in talks with other financial institutions to establish control over digital currencies in Iran.
SIX Swiss Stock Exchange Chairman Romeo Lacher believes there is potential for a digital version of the Swiss franc. On February 25, Mr. Lacher told the Financial Times that the exchange would support such an initiative, adding that he does not like cash.
Last year, the Turkish government took an anti-crypto stance and advised citizens not to invest in it. However, today, instead of bans, the government is going to develop legislation to regulate and control the cryptocurrency market. Former Industry Minister Ahmet Kenan Tanrikulu suggested that the government develop its own national cryptocurrency “Turkcoin”.
HelloGold, a Malaysian company, has received certification for its gold-backed cryptocurrency to comply with all Shariah regulations. HelloGold now plans to launch a gold trading platform in Thailand. SYDNEY reports this
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