Mastercard See No Justification for Central Bank Digital Currencies Yet: CNBC

Share This Post



The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys. The move was designed to encourage conversations among key players in the industry, but was seen as a way for Mastercard (MA) to deepen its involvement with CBDC developments as the number of nations exploring the technology grows. As many as 130 countries, representing 98% of global gross domestic product, are exploring a CBDC, according to the Atlantic Council. In May 2020, only 35 countries were considering one. Still, only 11 countries have so far introduced a digital currency.



Source link

Related Posts

AfD’s Saxony-Anhalt breakthrough hands a Bitcoin-friendly party new clout

The crypto-tax discussion in Germany has become significantly...

Liquid Recovers 85% of Bitcoin Withdrawn in Exploit

Purported white-hat hackers returned 3,400 Bitcoin worth about...

Avalanche Teleporter V1 4 Brings Cross Subnet Messaging Upgrade

Trusted Editorial content, reviewed by leading industry experts...

Xrpl Lending Amendment Moves Closer To 80 Validator Threshold

Trusted Editorial content, reviewed by leading industry experts...