The Central Bank of the Bahamas will on May 30 sign an agreement with transactions provider, NZIA Limited, to launch the country’s first bank-backed digital currency by next year.
To wrap up this week’s round of news reports, here is a quick review of the biggest headlines around cryptocurrencies, security tokens, and blockchain technology.
Iran will rely on a new partnership signed with Russian blockchain experts in other to build a strong blockchain and crypto industry.
Israel will not be joining the list of countries to issue a Central Bank backed Digital Currency (CBDC), at least not for the meantime. A report released earlier this week by the Bank of Israel warned that a move in that direction should not be made after carefully studying the matter for nearly a year.
The government of India will likely continue its negative stance on cryptocurrencies according to a press release on Tuesday.