Cryptocoins News / The Cointelegraph - 7 months ago
The digital assets subcommittee heard from five witnesses on a U.S. CBDC, most of whom had little good to say about it. A chorus of disapproval rang out from the halls...
Cryptocoins News / The Cointelegraph - 7 months ago
The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. Three central banks have joined the beta ph...
Bitcoin News / Bitcoinist - 7 months ago
In a recent press conference on Central Bank digital currencies (CBDCs) and crypto, Congressman Tom Emmer, the US House Majority Whip and prominent Republican discussed the House Republicans’ commitment to delivering on promises made to the Ame...
by COINS NEWS - 7 months ago
So, Tom Emmer, along with 49 other folks, introduced this bill called the "CBDC Anti-Surveillance State Act" in the US House of Representatives. The main idea behind this bill is to stop those "unelected bureaucrats in Washington"...
Cryptocoins News / Blockchain - 7 months ago
Swift, a leading provider of secure financial messaging services, has announced beta testing of its Central Bank Digital Currency (CBDC) interoperability solution. The initiative aims to bridge the gap between digital and fiat-based currencies, with...
Cryptocoins News / The Cointelegraph - 7 months ago
The bill would limit the Fed from issuing a CBDC, which Tom Emmer called a surveillance tool that would “undermine the American way of life.” Legislation aimed at prev...
Bitcoin News / Bitcoinist - 7 months ago
According to a recent Fox Business report, in a significant move to counter the growing momentum behind Central Bank digital currency (CBDC), House Majority Whip Tom Emmer is set to reintroduce the Central Bank Digital Currency Anti-Surveillance Stat...
Bitcoin News / Bitcoin.com - 7 months ago
Fifty U.S. lawmakers have reintroduced the CBDC Anti-Surveillance State Act to prohibit the Federal Reserve from issuing a retail central bank digital currency “while protecting innovation and any future development of true digital cash.” Congressman...
Cryptocoins News / The Cointelegraph - 7 months ago
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs. The Bank for International...
Cryptocoins News / Blockchain - 7 months ago
The Hong Kong Monetary Authority (HKMA) and the Bank of Israel (BOI) have collaborated on a report titled "Project Sela – An accessible and secure retail CBDC ecosystem". The project aims to create a retail central bank digital currency framework tha...
Cryptocoins News / The Cointelegraph - 8 months ago
Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. The Federal...
More / Bitcoin Reddit - 8 months ago
Unbearable inflation in the West, economy shattering deflation beginning in the East (China), we are at a crossroads in the world economy where we must whether we all our governments to force feed us their opaque, restrictive, compliance-requir...
by COINS NEWS - 8 months ago
I was thinking a bit about how much power centralized exchanges have over the cryptocurrency market. The reason because of this is that FIAT and Cryptocurrency are not transferable without the middleman e.g exchanges. If we were paid in CBDC or had a...
Bitcoin News / Bitcoin.com - 8 months ago
Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a C...
Cryptocoins News / The Cointelegraph - 8 months ago
SWIFT claims that interlinking existing systems with blockchains is better for the short term than bringing CBDCs together with tokenized assets in a single ledger. B...
Bitcoin News / Bitcoinist - 8 months ago
Jamaica’s quest for digital financial transformation is gaining momentum, and its homegrown Central Bank Digital Currency (CBDC), Jam-Dex, is at the heart of this change. Recent developments suggest that the transportation sector, particularly...
Cryptocoins News / The Cointelegraph - 8 months ago
Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio. Bus and taxi operators in Jamaica a...