Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

The CBDC race has long been on, and some countries might finish sooner rather than later. The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch.Almost exactly one year ago, the Eastern Caribbean Central Bank and Bitt Inc. — a financial-technology company based in Barbados —…

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Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar

Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar

Multi platinum-selling artist Akon will launch his Akoin cryptocurrency on the Stellar network. Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain.Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.“Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in areas such as Africa,” he explained…

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