A growing debate about central bank digital currencies (CBDCs) is highlighting a sharp divide between the United States and Europe in financial technology. Experts warn that CBDCs, representing […]
House Republicans Push Anti-CBDC Provision in Defense Spending Bill
In its defense spending bill, the House of Representatives has included an anti-central bank digital currency (CBDC) provision. This amendment aims to prevent the Federal Reserve from conducting […]
House Blocks Fed’s Potential Digital Dollar: CBDC Ban Incorporated into Defense Bill
The US House of Representatives has incorporated a ban on the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) into the country’s annual defense policy bill. […]
House Introduces Ban on Fed’s Potential Digital Currency
In a significant development impacting the future of digital currencies, the U.S. House of Representatives has included a ban on the Federal Reserve’s (the Fed) potential central bank […]
EU Exploring Ethereum and Solana for Digital Euro Launch
The European Union is considering using public blockchains like Ethereum or Solana to launch its digital euro, a move that could signify a significant shift in central bank […]
EU Considers Ethereum and Solana for Digital Euro as Stablecoin Sovereignty Gains Ground
The European Union is exploring public blockchain networks like Ethereum and Solana to potentially power its upcoming digital euro, signaling a departure from traditional private or permissioned CBDC […]
House Blocks Federal Reserve’s Digital Currency Initiative
The U.S. House of Representatives has enacted a provision to prohibit the Federal Reserve from issuing its own digital currency. This move, detailed in the National Defense Authorization […]
House Includes CBDC Ban in Defense Policy Bill
The U.S. House of Representatives has added a provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) to its defense policy bill, which outlines […]
House Passes Anti-CBDC Provision in NDAA, Restricting Federal Reserve’s Digital Currency Issuance
The U.S. House of Representatives has incorporated an “Anti-CBDC Surveillance Act” into the National Defense Authorization Act (NDAA), effectively preventing the Federal Reserve from issuing Central Bank Digital […]
Russia’s CBDC Could Generate $3 Billion Annually, But Banks May Bear the Cost
A new estimate predicts Russia’s digital ruble could generate up to $3 billion annually within the first five years of its implementation. This comes despite initial losses for […]
Japan’s Soramitsu Joins Pakistani Effort to Launch CBDC Pilot
Pakistan is set to launch a pilot program for its own digital currency in collaboration with Japan’s Soramitsu before the year’s end. The initiative aims to modernize payment […]
Vietnam Launches Pilot Digital Asset Exchange in International Financial Hub
Vietnam’s government has taken the next step towards establishing a dedicated market for digital assets. The country plans to launch a pilot exchange within its international financial center, […]
The Perils of Central Bank Digital Currencies (CBDCs)
Central Bank Digital Currencies (CBDCs) are being touted as the future of money, offering a secure, efficient, and inclusive alternative to traditional cash. Governments and central banks envision […]
Brazil Moves Forward with Drex Pilot Phase, Focusing on Credit Quality
The Brazilian Central Bank has taken a significant step forward in its Drex digital currency pilot program by advancing to the third phase. This critical stage prioritizes enhancing […]
South Korea Prepares Regulatory Framework for Stablecoins
South Korea’s central bank, the Bank of Korea (BOK), is working with relevant authorities to create a regulatory framework for stablecoins. This move seeks to ensure the stability […]