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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...
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...
Bank of England Targets 30-Strong Team for Digital Currency: Report
9.4.2023
Among the positions available: Digital Pound Security Architect and Digital Pound Solutions Architect
DeSantis is right — CBDCs will lead to absolute government control
6.4.2023
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free
Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption
5.4.2023
Future of Finance Global Head Ronit Ghose says the adoption of blockchain technology will be driven by CBDCs, digital securities and endgame tokens
USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
2.4.2023
A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion
Japan's Finance Ministry to Explore Digital Yen Feasibility: Report
30.3.2023
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency
Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’
27.3.2023
If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
21.3.2023
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity
Federal Reserve confirms July launch for FedNow instant payment service
16.3.2023
The Fed Now service aims to reduce the gap in payment time between US financial institutions
U.S. Federal Reserve’s Real-Time Payments System Coming In July
15.3.2023
The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages
CBDCs threaten our future, so it’s time to take a stand
9.3.2023
Central bank digital currencies will give governments around the globe unprecedented power to surveil (and control) your financial activity
SWIFT to Start Phase Two Pilot After Finding 'Value' in CBDC
9.3.2023
The banking network will now look at applications like securities settlement and trade finance
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
6.3.2023
Nigerians are protesting their country's CBDC and demanding renewed access to paper money, despite government incentives to use the digital currency
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
2.3.2023
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options...
Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
1.3.2023
The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway
Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
1.3.2023
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.”
Digital Euro Should Prioritize Online, Peer-to-Peer Payments, ECB Says
24.2.2023
Transfers in stores and to governments could take longer, but basic personal CBDC use should be free, the central bank said
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...