Egypt Plans to Launch Digital Currency by 2030, Says Government Report
As per the study, Egypt has set its sights on introducing a digital currency, the E-Pound, issued by the Central Bank of Egypt, with a target launch by 2030.
AlexAs per the study, Egypt has set its sights on introducing a digital currency, the E-Pound, issued by the Central Bank of Egypt, with a target launch by 2030.
AlexRevolut's former VP, Hannes Graah, launches Zeal in 2022, a Galaxy-backed digital wallet prioritizing security. Currently invite-only, Zeal plans an official Q1 launch, aiming to stand out with advanced security measures and free USDC stablecoin transfers. Backed by investors like Galaxy and Framework, Zeal, with a team from Revolut, Coinbase, and Spotify, emerges as a noteworthy player in the evolving digital wallet landscape.
JixuNYDFS has revised cryptocurrency listing criteria, prioritizing investor protection with stricter standards. Entities in virtual currency activities must secure DFS approval for listing policies, including comprehensive delisting policies by January 31, 2024, reflecting NYDFS's commitment to regulating the dynamic virtual currency market.
JixuEgypt and India are exploring a strategic shift in trade relations by considering the abandonment of the US dollar, aligning with the broader de-dollarisation efforts within the BRICS bloc, potentially reshaping the global economic order..
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