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Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary...
G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies
13.4.2023
The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including...
Swedish Riksbank report looks at collaboration with potential e-krona in retail payments
12.4.2023
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question
XRP Price Prediction as Central Bank of Montenegro Plans CBDC Development with Ripple – XRP to $1 Soon?
12.4.2023
The world’s sixth-largest crypto XRP, boasting approximately $26 billion in market capitalizing, lost 3.3% in 24 hours amid an ongoing quest to secure higher support at $0.5 after bulls took a breather at $0.5853, the highest peak in March.
XRP is trading marginally above $0.5 mid-through this...
G-7 Aims to Aid Developing Nations in Introducing Central Bank Digital Currencies
12.4.2023
The Group of Seven (G7) organization aims to help developing countries introduce central bank digital currencies (CBDCs) in line with international standards.
During a recent speech in preparation for the International Monetary Fund and World Bank Spring 2023 meetings, Japan's top currency...
420,000+ Merchants in Changsha, China Accept CDBC Pay – Is Digital Yuan Adoption on the Rise?
12.4.2023
More than 420,000 merchants in Changsha, China, now accept payments in the digital yuan, China’s central bank digital currency (CBDC).
The city is located in Hunan Province and was added to the pilot in April 2021.
In February this year, Changsha authorities said that 300,000 merchants in...
Today in Crypto: Ripple Partners with Montenegro Central Bank, Bitmain Facing a $3.6M Fine, Head of Exchange Vishal Gupta Leaving Coinbase
11.4.2023
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: Ripple Partners with Montenegro Central Bank, Bitmain Facing a $3.6M Fine, Head of Exchange Vishal Gupta...
US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil
11.4.2023
On Monday, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDCs), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against cryptocurrencies.” Kennedy, who recently filed to run...
Montenegro's Central Bank to Develop CBDC Pilot With Ripple
11.4.2023
The pilot will see the central bank identify the practical application of a national stablecoin and come up with a design to simulate its circulation
Ripple, Montenegro sign deal on project for unspecified national digital currency
11.4.2023
The deal, teased in January, could create a national digital currency for a country that now uses the euro
Presidential hopefuls RFK Jr. and DeSantis rally against FedNow
11.4.2023
The two presidential hopefuls are of the opinion that FedNow is the first step in launching a CBDC that threatens privacy and autonomy
Today in Crypto: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted Disagreement' with Sam Bankman-Fried, Bank of England Building a CBDC Team
10.4.2023
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: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted...
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says
10.4.2023
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like...
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
9.4.2023
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward...
CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’
9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...
Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency
8.4.2023
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State...
Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny
8.4.2023
Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that...
CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky
7.4.2023
The ECB President admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community
White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’
6.4.2023
President John F. Kennedy's nephew also worries that the government will seize the public’s Bitcoin
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...