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Mexico is likely to be another, though not last as India’s RBI too mulls similar plans, another country to come out with a government-sponsored cryptocurrency. The country is likely to have its crypto coin by 2024.

While the digital token is not perfect, it has the potential to solve the challenge of the inconvertibility of African currencies.

Many countries such as China, India and the US are looking towards Central Bank Digital Currency (CBDC) as a virtual currency that has the advantages of digital but is also regulated.

The Reserve Bank of India has submitted a proposal to the central government to amend an act that will help it launch the central bank digital currency.

Unlike CBDCs and stablecoins that degrade in value over time, Bitcoin represents a way for everyone to have inflation-resistant, confiscation-resistant savings that they can custody if they choose to.

Insider charted the route ahead for retail investors after India's government moved to ban private cryptocurrencies.

Three U.S. financial agencies have conducted a series of "policy sprints" around cryptocurrency assets and related regulatory gaps, and plan to amend

Central bank digital money, often known as virtual currencies or digital currency, is legal tender issued in digital form by a central bank.

Three U.S. financial agencies have conducted a series of "policy sprints" around cryptocurrency assets and related regulatory gaps, and plan to amend

Alessia Haas, Coinbase CFO, and Scott Shay, Signature Bank Chair, revealed the 5 biggest themes in crypto today, including its impact on banking.