the Central Bank of Rwanda is studying the possibility of it developing and issuing its own digital cryptocurrency.
In fact, the National Bank of Rwanda (NBR) is looking at the research of other central banks about digital currencies such as those released by the Royal Bank of Canada, De Nederlandsche Bank and the Monetary Authority of Singapore.
According to Peace Masozera Uwase, Financial stability director-general, there are still on how one can convert the entire currency into digital form, how to distribute them and how fast you can process those transactions.
The director said that the only way his country will join in this digital evolution is when the technology and his country’s infrastructure is ready for the issuance and monitoring of digital assets.
Headlines for the world of Cryptocurrencies - August 21, 2019
- Gemini Australia Launches
- Maicoin Seeking Libra Association Membership
- These Countries Dominate Bitcoin Nodes
- Travelport And IBM Blockchain Partnership
- Woori Financial Working With Kakao’s Crypto Payments Group
Headlines for the world of Cryptocurrencies - August 20, 2019
- Central Bank Issued By Chinese Central Bank Bad For Alipay @ WeChat Pay
- ZenGo Supports Libra Testnet
- Santander To Use Ripple’s xCurrent For Latin America Remittance Service
- Charity Arm Of Fidelity Has Received Over $100 Million Dollars In Crypto Donations
- Indian State Of Maharashtra Experimenting With Blockchain
Headlines for the world of Cryptocurrencies - August 19, 2019
- Binance Doing A “Libra”
- Rakuten Launches Its Crypto Exchange
- Crypto Friendly Bank To Offer Crypto-Backed Loans To Institutions
- Pundit Says Bitcoin Forming Bullish Wedge
- BitMEX Geo-locks Several Jurisdictions
