Today news
About the same in other media
Peru to partner with India, HK and Singapore central banks on a CBDC
Reading now: 109
cointelegraph.comThe president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).
At the Annual Conference of Executives (CADE) with business leaders in Lima on Nov. 16 he said:
Velarde stated that Peru will partner with the central banks of countries more advanced in their development of CBDCs including India, Singapore, and Hong Kong. A CBDC is a digital form of a country’s fiat currency, issued and controlled by the respective nation’s central bank.
"We won’t be the first, because we don't have the resources to be first and face those risks," Velarde said, "But we don't want to fall behind. We are at least at the same level or maybe even further
Read more on cointelegraph.comAbout this in other media
Singapore suspends crypto exchange over row with K-pop band BTS theguardian.com /2 years ago
Nandan Nilekani: Crypto can bring about financial inclusion moneycontrol.com /2 years ago
Crypto.com To Boost US Presence With a USD 216M Deal cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
