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‘Open-source’ CBDCs aren’t going to protect you from government
11.5.2024
Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people
CBDCs, stablecoins must ensure libertarian values — former CFTC chair
8.5.2024
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London
Central banks must revise business model, embrace CBDCs — ECB member
6.5.2024
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit
Crypto leaders should stop flirting with CBDCs
2.5.2024
Cryptocurrency enthusiasts largely oppose CBDCs — but industry leaders including Consensys, Ripple and Stellar are throwing their weight behind them
How CBDCs are Ripple’s best chance of mass adoption?
25.4.2024
CBDCs, or Central Bank Digital Currencies, are digital forms of a national currency issued and regulated by its central bank. They constitute a significant breakthrough in the digital economy, as they simplify transactions, resulting in wider financial inclusion. Ripple, one of the most prominent...
BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements
23.4.2024
Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied...
World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs
22.4.2024
The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points.
The post World Economic Forum Study Reveals 98% of Central...
Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes
8.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation framework, and a poll finds that Latam believes CBDCs...
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
6.4.2024
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative...
Russia Regulates Use of Digital Assets for International Settlements
15.3.2024
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist
7.3.2024
Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed.
The post Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist appeared first on Cryptonews
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...
Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom
3.3.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American...
Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins
28.2.2024
The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape...
Russian Allies ‘Very Interested’ in Doing CBDC Business with Moscow – Key Lawmaker
28.2.2024
Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.
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Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
27.2.2024
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar
Robert Kiyosaki Warns: Brace for Worsening Banking Crisis, War, CBDC Surveillance
27.2.2024
Rich Dad Poor Dad author Robert Kiyosaki has warned investors of an escalating banking crisis, increasing threat of war, and the potential use of central bank digital currencies (CBDCs) for surveillance purposes by central banks. “Central banks will push for CBDC … to SPY...
Trump: Bitcoin Has Taken on 'a Life of its Own,' Will Probably Need Some Regulation
23.2.2024
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation
RBI may integrate CBDCs with digital payment infrastructure
19.2.2024
Dilip Asbe, the Managing Director of the National Payments Corporation of India (NPCI), has hinted that the Reserve Bank of India, the RBI, is considering integrating CBDCs with digital payment infrastructure. This includes the likes of UPI to boost its adoption. Dilip said that the efforts...