Kyrgyzstan has taken a significant step towards embracing digital finance by enacting legal legislation that establishes the digital som as a legal tender within its currency framework. The […]
Kyrgyzstan Legalizes Digital Currency as President Signs CBDC Law
Kyrgyzstan’s President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a Central Bank Digital Currency (CBDC) pilot project, while also giving the country’s national currency, […]
Ripple Takes Center Stage at Paris Blockchain Week, Unveiling Digital Euro Infrastructure
At the heart of Paris Blockchain Week, Ripple made a significant announcement: it’s actively collaborating with French banks to develop infrastructure for the digital euro. This move was […]
Canadian PM Candidate Support Shifts Amid Bitcoin Debate
The race for Canada’s next prime minister is seeing a dramatic shift in support, particularly surrounding Bitcoin and central bank digital currencies (CBDCs). Pierre Poilievre, previously known for […]
Drex CBDC’s Privacy Concerns Persist as External Support wanes
Brazil’s central bank digital currency (CBDC), Drex, faces challenges regarding user privacy ahead of its expected launch in late 2024. Recent reports indicate a decline in external support, […]
Brazil’s CBDC Pilot Project Drex Stalls Due to Resource Constraints and Privacy Challenges
Brazil’s Central Bank Digital Currency (CBDC) pilot project, Drex, is facing significant hurdles as it struggles with resource constraints. Two key companies involved in developing privacy solutions for […]
ECB Urges Digital Euro to Counter Dollar-Linked Stablecoin Influence
The European Central Bank (ECB) is raising the alarm about the increasing popularity of dollar-linked stablecoins, urging for a digital euro as a countermeasure. Piero Cipollone, an executive […]
Congress Halts Central Bank Digital Currency Initiative
The U.S. House of Representatives’ Financial Services Committee has advanced a crucial bill prohibiting the Federal Reserve from issuing a central digital currency (CBDC). Proposed by Rep. Tom […]
Congress Attempts to Halt Central Bank Digital Currency Proposal
The U.S. House of Representatives’ Financial Services Committee has approved a bill seeking to block the launch of a central bank digital currency (CBDC). The proposed legislation, spearheaded […]
House Approves Bill Limiting Fed’s Role in Digital Currency
The House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, limiting the Federal Reserve’s ability to issue a Central Bank Digital Currency (CBDC). The bill passed […]
House Passes Bill Blocking Central Bank Digital Currency
The U.S. House of Representatives has voted to advance a bill preventing the creation of a central bank digital currency (CBDC). Rep. Tom Emmer’s CBDC Anti-Surveillance State Act […]
Anti-CBDC Legislation Gains Momentum Amid Privacy Concerns
The current momentum surrounding this bill could usher in a renewed discussion on financial freedom. This surge of support aligns with historical data showing a growing public preference […]
U.S. House Passes Bill Restricting Government Use of CBDCs
The U.S. House Financial Services Committee has voted to approve the Anti-CBDC Surveillance State Act (H.R. 1919), introduced by Majority Whip Tom Emmer. This legislation seeks to prevent […]
US House Advances Anti-CBDC Bill, Prepping for Vote
The US House Financial Services Committee has taken a major step forward by advancing a bill aimed at prohibiting federal banks from issuing or using central bank digital […]
House Approves Bill Blocking Central Bank Digital Currency by U.S. Federal Reserve
The U.S. House of Representatives’ Financial Services Committee has voted to advance legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC). The […]