The governor of Qatar Central Bank (QCB) shared some important details regarding the ongoing Central Bank Digital Currency (CBDC) and confirmed that the Bank is “in the foundation stage”.
Due to the better efficiency & reliability of blockchain technology, the majority of the tech companies are considering going with this innovative tech industry. A stablecoin-like concept, which is known as Central Bank Digital Currency (CBDCs) is currently under the high-level discussion among the majority of the central banks in this world because they are thinking that they can bring significant changes in the payment system.
At the event of the “Inflation Test” session at the Qatar Economic Forum, Sheikh Bandar bin Mohammed bin Saoud Al Thani, Governor of QCB, stated that QCB is working to find technical solutions for its digital currency and the project is currently in the initial stage of development.
QCB Governor said:
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
“Many central banks are now considering issuing CBDC, and we are not an exception to that. But we are still in the foundation stage. We are evaluating the pros and cons of issuing CBDC and to find the proper technology and platform to issue our CBDC.”
The statement of the QCB governor is hinting that QCB is still in a situation where it is not sure about the advantages, instead, it is thinking about the negative sides, so taking steps carefully.
The QCB Governor also noted that Cryptocurrencies are unique & innovative technology and these can push us into a new era where we can have better, fast, and cheap financial systems to provide quality banking services.
According to a recent survey and findings, around 100 Central Banks are either doing discussion or developing central bank Digital Currency (CBDCs). In this race China, and Nigeria like countries are at the top with their corresponding CBDC.
Read also: A property developer launches the first tokenized real estate project in the UK
Qatar Central Bank is now “in the foundation stage” to issue CBDC
https://bitcoinik.com/qatar-central-bank-is-now-in-the-foundation-stage-to-issue-cbdc/feed/
https://bitcoinik.com/qatar-central-bank-is-now-in-the-foundation-stage-to-issue-cbdc/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
EXPLOSIVE LTD is an investment company specializing in financial market trading. Our preferred market is commodities: EXPLOSIVE LTD have developed accurate expertise in trading gold, silver, crude oil, natural gas.
🔥 Explosive-X
Signup link: https://explosive-x.io/?ref=devplus
Started: 01/06/2022
💰 Investment Plans: 4% daily for 25 days (principal return end of the cycle)
Cancel Deposit after 24 hours with a 15% fee
Withdrawal: Manual (Max 12 hours)
📥 Minimal deposit: $10 – Maximum deposit: $50.000
📥 Minimal withdraw: PM $1 , BTC $10 ,LTC $5 ,ETH $20
XRP $5 ,DOGE $5 ,USDT ERC20 $20 ,TRX $5 ,XLM $5
USDT (TRC20 BEP20) $5 , USDT TRC20 5$ , BNB $5 ,BCH $5
🤝 Referral program: 6% – 2%
Career Bonus:
$1000 Direct active referrals: $40 Bonus
$2500 Direct active referrals: $100 Bonus
$5000 Direct active referrals: $250 Bonus
$15,000 Direct active referrals: $600 Bonus
$50000 Direct active referrals: $2500 Bonus
Sign Up : https://explosive-x.io/?ref=devplus
—————————————————————————————————————-
BN Trust
📣24 hours trading, every two hours, you can earn more than 5% profit per day
Invest $100 (30 days) and get $432
Invest $300 (30 days) and get $1297
Invest $500 (30 days) and get $2161
Invest $1000 (30 days), get $4320
Invest $5,000 (30 days) and get $21,610
Invest $10,000 (30 days) and get $43,200
💵Minimum deposit amount is $20.
The minimum withdrawal amount is $10.
Cash out anytime!
The higher the capital, the more you earn
🖇Operation registration link https://www.bn-trust.com/#/register?sharecode=kBrco2
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
