The Reserve Bank of India (RBI) is accelerating its digital rupee pilot program with new features designed to enhance adoption and financial inclusion. The RBI is introducing programmability […]
Ripple’s RLUSD: A Potential US Synthetic CBDC?
A recent Twitter thread by digital asset analyst and researcher SMQKE proposes that Ripple’s RLUSD stablecoin could serve as a U.S. synthetic central bank digital currency (CBDC). Unlike […]
BNP Paribas Launches Blockchain-Enabled Money Market Fund for Enhanced Efficiency
BNP Paribas has launched a groundbreaking tokenized money market fund, leveraging blockchain technology to streamline transactions and boost investor accessibility. This innovative move represents a significant advancement in […]
Cecilia Skingsley Steps Down From BIS Innovation Hub Early
Cecilia Skingsley, who led the BIS Innovation Hub since September 2022, will leave her post two years ahead of schedule. Her departure follows a broader leadership reshuffle at […]
Central Bank Digital Currencies: Reshaping Finance as We Know It
The rise of Central Bank Digital Currencies (CBDCs) marks a significant turning point in financial history, promising both transformative opportunities and challenging hurdles for the future of digital […]
NY Fed and BIS Prioritize Tokenization Over CBDCs
The New York Fed and the Bank for International Settlements (BIS) have shifted their focus from central bank digital currencies (CBDCs) to tokenized assets under Project Pine. This […]
Federal Reserve Raises Concerns About Stablecoin Impact on Banks
The Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) has voiced concerns regarding the impact of stablecoins issued by non-bank entities, according to recent meeting records released on […]
South Carolina Senate Enacts Bill Restricting CBDC Use, Promising Crypto Protection
South Carolina’s Senate has enacted a bill banning state-level use of central bank digital currencies (CBDCs) while protecting crypto transactions, mining, and wallet usage. S.163 clarifies that no […]
U.S. Treasury Opposes Central Bank Digital Currency: Market Impact and Potential Shifts
Scott Bessent, the U.S. Treasury Secretary, publicly opposed the implementation of a central bank digital currency (CBDC) on May 6, 2025. This statement could have significant repercussions for […]
U.S. Treasury Secretary Opposes Federal Reserve Digital Currency: Bitcoin Beneficiaries
In a major development, U.S. Treasury Secretary Nadine Bessent has voiced her staunch opposition to a Central Bank Digital Currency (CBDC) issued by the Federal Reserve. Her declaration […]
Ripple’s Private Ledger Explained: A Secret System for Banks
A new wave of speculation has swept through the XRP community after prominent analyst All Things XRP published a report highlighting what some believe to be a ‘secret […]
European & Chinese CBDCs: Navigating Implementation Challenges in a Globalized World
Central Bank Digital Currencies (CBDCs) are gaining momentum globally, with the European Central Bank (ECB) aiming for a 2025 launch of its digital euro and China further expanding […]
Digital Currencies Face Struggles in Adoption: From China to Europe
Despite years of development and experimentation, a global push for central bank digital currencies (CBDCs) has hit an unexpected snag. Olga Goncharova, former Binance executive now leading consulting […]
CBDCs: A Technological Costly Imitation, Not Fintech Success
Despite global CBDC initiatives not failing, their potential as a disruptive financial technology has been largely unfulfilled, according to Olga Goncharova, CEO of Rizz Go and former Binance […]
Belarus Aims for Full Circulation of Digital Ruble by 2026
Belarus is targeting a full launch of its digital ruble in late 2026, led by the National Bank of Belarus and overseen by Chairman Roman Golovchenko. This initiative […]