Cryptocoins News / The Cointelegraph - 1 week ago
Kyrgyzstan President Sadyr Zhaparov signed CBDC law giving the country’s central bank permission to launch the “digital som” in the future....
Cryptocoins News / The Cointelegraph - 3 weeks ago
West Virginia's Bitcoin bill seeks to allow the state treasurer to invest up to 10% of state funds in BTC, stablecoins and precious metals....
Bitcoin News / Bitcoin.com - 1 month ago
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposi...
Cryptocoins News / The Cointelegraph - 1 month ago
Centralized stablecoins feature all the hallmarks of a central bank digital currency, including the ability of the issuer to freeze tokens....
Cryptocoins News / The Cointelegraph - 1 month ago
Emmer called CBDCs a “threat to American values” and reintroduced the Anti-Surveillance State Act to block a federal digital dollar....
Bitcoin News / Bitcoin.com - 1 month ago
Economist Mark Carney is set to automatically become Canada’s next prime minister after winning the Liberal Party leadership race, even though he hasn’t participated in a general election. Justin Trudeau’s Successor Is a Former Central Banker and CBD...
Bitcoin News / Bitcoin.com - 1 month ago
A revived bill seeks to block a U.S. central bank digital currency, with backers warning it could become a surveillance tool that erodes financial privacy. Digital Dollar Faces New Roadblock as Congress Revives Anti-CBDC Bill Congressman and Majority...
Cryptocoins News / The Cointelegraph - 1 month ago
Majority Whip Tom Emmer first proposed banning Federal Reserve banks from using or issuing a digital dollar in 2022. Minnesota...
Bitcoin News / Bitcoin.com - 1 month ago
The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded t...
Cryptocoins News / The Cointelegraph - 1 month ago
The Bank of Israel released a preliminary design for a digital shekel, detailing its ecosystem, technical framework and regulatory considerations....
Bitcoin News / Bitcoin.com - 1 month ago
Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has de...
Bitcoin News / Bitcoin.com - 2 months ago
In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Sear...
Bitcoin News / Bitcoinist - 2 months ago
The difference between the US and EU approaches to crypto has become evident as the European Central Bank (ECB) is building a blockchain system to process CBDC (Central Bank Digital Currency) transactions.
ECB President Christine Lagarde also nixed t...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
ECB accelerates work on an interbank settlement system for a wholesale CBDC
The push for a digital euro is being driven by growing market demand and competition posed by stablecoins.
The prospects of CBDC continue to be shadowed by pr...
Bitcoin News / Bitcoinist - 2 months ago
Federal Reserve (Fed) Chair Jerome Powell said the US won’t roll out a CBDC (Central Bank Digital Currency) so long as he’s in charge.
Crypto advocates exhaled in relief.
President Trump is also strongly against CBDCs – at the end of January, he bann...
Bitcoin News / Bitcoin.com - 2 months ago
Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe’s stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin’s podcast, Salinas stated that Europe was a museum because not...
Bitcoin News / Bitcoin.com - 2 months ago
A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End Government-C...
More / Etherum Reddit - 3 months ago
With aggressive competition between Central Bank Digital Currencies (CBDCs) and traditional banks, the future of money could be different. Many countries will have actively explored the use of CBDCs in payments, the furtherance of security, and attai...