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IMF Favours Launch of More CBDCs in Coming Years, Says Bitcoin Is Not Money

IMF Favours Launch of More CBDCs in Coming Years, Says Bitcoin Is Not Money
coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.

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Mastercard Eyes Digital Yuan Opportunities

Mastercard Eyes Digital Yuan Opportunities
finews.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finews.asia Daily Mail and Mail on Sunday newspapers.

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Mastercard Partners with Fintech Firm to Launch Central Bank Digital Currency-Linked Prepaid Card


Mastercard Partners with Fintech Firm to Launch Central Bank Digital Currency-Linked Prepaid Card
Ding Yi / Feb 19, 2021 07:11 PM / Business & Tech
Payments processor Mastercard has partnered with fintech firm Island Pay to introduce a prepaid card that can be loaded with a central bank digital currency (CBDC) called the Bahamas Sand Dollar.
The prepaid card enables users to instantly convert the digital currency into traditional Bahamian dollars and pay for products and services anywhere Mastercard is accepted, according to a company statement on Wednesday.
The Bahamas Sand Dollar, issued by the central bank of the Bahamas, carries the same value and consumer protection as a traditional Bahamian dollar, and will be available to tourists in the future, the statement said. ....

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