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Nalezeno "UK CBDC": 2954

Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

24.3.2023
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone

Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether's Excess Reserves to Increase by $700M in Q1 2023

24.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates...

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says

24.3.2023
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during...

UAE Unveils CBDC Strategy, First Phase to Be Completed By Mid-2024

24.3.2023
The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months

The world could be facing a dark future thanks to CBDCs

23.3.2023
From forcing people to spend their money to making them save it, central banks around the world could soon use CBDCs to create a dystopian nightmare

Bank profits at risk from potential CBDC transformation of global economy: Moody’s

23.3.2023
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking

Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo

23.3.2023
Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project

The UAE central bank signs deal for CBDC strategy

23.3.2023
The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...

Adopting CBDC could destabilize banks, help households, US Treasury study says

22.3.2023
When integrated into the economy, a CBDC or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis

In Defense of a Digital Dollar

22.3.2023
Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar

Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar

22.3.2023
The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras

US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’

22.3.2023
According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make...

New White House Report Slams Digital Asset Industry – Regulation Incoming?

22.3.2023
The digital asset industry has been slammed in a new report published by the White House, with many now fearing that even stricter regulations will be introduced in the US.... Read More: New White House Report Slams Digital Asset Industry – Regulation Incoming?

GOP Sen. Ted Cruz Proposes Ban on a CBDC

22.3.2023
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis

Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg

22.3.2023
The number of eNaira wallets has jumped more than 12-fold to 13 million since October

Chinese Employees Pay Social Insurance Fees, Taxes with Digital Yuan – Is CBDC Adoption on the Rise?

22.3.2023
A growing number of Chinese employees and firms can now use the nation’s Central Bank Digital Currency (CBDC) – the digital yuan – to pay their social insurance premiums and taxes. Per reports from the Chinese media outlets JS China and NH News, citizens in Lianyungang and other cities in...