Cryptocoins News / The Cointelegraph - 7 months ago
Central bank digital currencies could confer economic benefits if governments don’t use them to cannibalize the commercial banking industry. Central bank digital curre...
Cryptocoins News / The Cointelegraph - 7 months ago
The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. Project mBridge may soon see...
by COINS NEWS - 7 months ago
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by COINS NEWS - 7 months ago
Satoshi’s goal with the launch of Bitcoin was to create an autonomous, decentralized financial system that allowed users control, rather than large banks and governments. In many ways he succeeded, with the exception that Bitcoin is used less as a pe...
More / Bitcoin Reddit - 7 months ago
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More / Bitcoin Reddit - 7 months ago
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by COINS NEWS - 7 months ago
After Emmer's "CBDC Anti-Surveillance State Act" passed the House Financial Services Committee, he made some interesting comments: The bill has been 3 years in the making 60 members of Congress have pledged support, as well as prominen...
by COINS NEWS - 7 months ago
The Atlantic Council has been tracking the development of CBDCs, and here are some key findings: 130 countries, which make up some 98% of the global GDP, are exploring CBDCs. 19 countries in the G20 are in the advanced stage of development. 11 count...
Bitcoin News / Bitcoin.com - 7 months ago
The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the effor...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development, the House Financial Services Committee has successfully passed the CBDC Anti-Surveillance State Act, a bill to prevent the Federal Reserve from issuing a central bank digital currency (CBDC). Representative Tom Emmer, k...
More / Bitcoin Reddit - 7 months ago
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by COINS NEWS - 7 months ago
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by COINS NEWS - 7 months ago
This is meant to throw some light on Monero's short and long term stability. On days like this it becomes more than obvious that Monero trades in another league. While everything took a hit today, Monero kept its USD price stable resulting in ris...
Cryptocoins News / The Cointelegraph - 7 months ago
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee....
by COINS NEWS - 7 months ago
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More / Bitcoin Reddit - 7 months ago
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Cryptocoins News / The Cointelegraph - 7 months ago
Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics as the bill passed out of committee. Debate in the United...
by COINS NEWS - 7 months ago
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Bitcoin News / Google News Bitcoin - 7 months ago
How Would a CBDC Affect Bitcoin and Other Crypto?& & Entrepreneur
Cryptocoins News / Finance Magnates - 7 months ago
Central Bank Digital Currencies (CBDCs) have sparked considerable attention in the financial sector. These digital versions of traditional fiat currencies, backed by central banks, are altering the financial landscape. As we approach a significant fi...
More / Bitcoin Reddit - 7 months ago
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Cryptocoins News / The Cointelegraph - 7 months ago
The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge. The...
by COINS NEWS - 7 months ago
There's a battle happening right now in the US Congress over CBDCs. Two major anti-CBDC bills and one pro-CBDC bill were introduced last week. Republicans are generally against a government-back digital currency, with Rep. Warren Davidson even ca...
Bitcoin News / Bitcoin.com - 7 months ago
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessaryR...
Bitcoin News / Bitcoin.com - 7 months ago
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that thr...
