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About BITG

Launched in 2017 to provide an energy-efficient alternative to Bitcoin and proof of work consensus, BitGreen utilizes its proprietary protocol and behavioral science with the goal of catalyzing everyday impactful actions at scale. All BITG holders are members of the BitGreen community and can nominate new impact actions and causes to be adopted. The BitGreen community aims to execute on the potential that blockchain has for shaping a healthy, resilient, and just world. For more information, visit bitg.org

Bitcoin Green (BITG) is a cryptocurrency launched in 2018. BITG has a current supply of 11.94M with 11.94M in circulation. The last known price of BITG is 0.013269327918 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://bitg.org/.

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BITG Price Statistics
BITG’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#1734
BITG Market Cap
Market Cap
$158,450.07
Fully Diluted Market Cap
$278,655.89
BITG Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BITG Supply
Circulating Supply
11.94M
Total Supply
11.94M
Max Supply
21.00M
Updated Oct 27, 2023 2:18 am
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BITG
Bitcoin Green
$0.013269327918
$0(-0.00%)
Mkt Cap $158,450.07
There's nothing here for now
Central Banks Shift Focus From CBDCs To Instant Payment Systems, Survey Reveals
Central Banks Shift Focus From CBDCs To Instant Payment Systems, Survey Reveals
According to Odaily, a recent annual survey by the Official Monetary and Financial Institutions Forum (OMFIF) reveals a significant decline in the popularity of Central Bank Digital Currencies (CBDCs) as a tool for enhancing cross-border payments. The 2024 survey indicates that only 13% of respondents support CBDCs as a solution, a sharp decrease from 31% in 2023. In contrast, nearly half (47%) of the surveyed central bank governors favor interconnected instant payment systems, such as the United States' FedNow service, as the preferred future pathway. The survey also highlights that stablecoins have received zero support for the second consecutive year, reflecting central bank governors' lack of confidence in their ability to enhance global financial infrastructure. The waning interest in CBDCs coincides with the Bank for International Settlements (BIS) withdrawing from the mBridge project. Although BIS denies any political motivations, this move underscores the global tensions surrounding CBDC adoption. Additionally, the survey emphasizes the enduring dominance of the US dollar, with only 11% of central banks reporting a reduction in its usage. This trend is primarily driven by geopolitical uncertainties that have increased demand for the dollar as a safe haven. The survey also points out the challenges faced by the correspondent banking system, which has long facilitated international settlements but is increasingly viewed as outdated and costly due to complex Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. The delayed adoption of the ISO 20022 messaging standard may exacerbate this decline, prompting central banks to explore alternative solutions such as tokenization. Over 40% of central banks in developed markets consider tokenization a promising innovation and plan to begin research in this area within the next three to five years.
Dec 01, 2024 10:23 am
Think tank OMFIF: The enthusiasm of central bank governors interviewed for CBDC is waning, with only 13% supporting it
Think tank OMFIF: The enthusiasm of central bank governors interviewed for CBDC is waning, with only 13% supporting it
While CBDCs were once considered a promising tool to enhance cross-border payments, their popularity has fallen sharply, according to the latest annual Future of Payments Survey by the Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank. The report shows that only 13% of respondents support CBDCs as a solution in 2024, down from 31% in 2023, while nearly half (47%) of central bankers surveyed chose interconnected instant payment systems (such as the FedNow Service in the United States) as their preferred path forward. In contrast, stablecoins received zero support for the second consecutive year, reflecting central bankers’ lack of confidence in their ability to enhance global financial infrastructure. The decline in CBDC interest coincides with the Bank for International Settlements’ (BIS) withdrawal from the mBridge project. Although the BIS denied political motivations, the move highlights the tensions around CBDC adoption around the world. In addition, the survey also highlighted the enduring dominance of the US dollar, with only 11% of central banks reporting a reduction in US dollar usage, mainly due to geopolitical uncertainty driving demand for the US dollar as a safe haven. The survey also highlighted challenges facing the correspondent banking system, which has long facilitated international settlements but is increasingly seen as outdated and costly due to complex KYC and anti-money laundering (AML) requirements. The delayed adoption of the ISO 20022 messaging standard could exacerbate this decline, forcing central banks to explore alternatives such as tokenization. More than 40% of developed market central banks see tokenization as a promising innovation and plan to start research in the next three to five years.
Dec 01, 2024 10:13 am

Frequently Asked Questions

  • What is the all-time high price of Bitcoin Green (BITG)?

    The all-time high of BITG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Bitcoin Green (BITG) is 0. The current price of BITG is down 0% from its all-time high.

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  • How much Bitcoin Green (BITG) is there in circulation?

    As of , there is currently 11.94M BITG in circulation. BITG has a maximum supply of 21.00M.

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  • What is the market cap of Bitcoin Green (BITG)?

    The current market cap of BITG is 158,450.07. It is calculated by multiplying the current supply of BITG by its real-time market price of 0.013269327918.

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  • What is the all-time low price of Bitcoin Green (BITG)?

    The all-time low of BITG was 0 , from which the coin is now up 0%. The all-time low price of Bitcoin Green (BITG) is 0. The current price of BITG is up 0% from its all-time low.

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  • Is Bitcoin Green (BITG) a good investment?

    Bitcoin Green (BITG) has a market capitalization of $158,450.07 and is ranked #1734 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Bitcoin Green (BITG) price trends and patterns to find the best time to purchase BITG.

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