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Stablecoins Are The CBDCs

[Mar 25 7:43 PM] Bitcoin Magazine Stablecoins Are The CBDCs People like to refer to Bitcoin as a trojan horse that we are going to smuggle into the legacy financial system and government. Stablecoins are a trojan horse into our system that has already been…

South Korea to Trial CBDC With 100,000 Users and 7 Banks

[Mar 19 5:30 AM] South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test…

Russia Hits Pause on Digital Ruble—Mass CBDC Adoption Delayed

[Mar 2 4:30 AM] Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has…

Iran’s Digital Rial Near Launch, Central Bank Signals Progress

[Nov 26, 2024 6:30 AM] Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the…

Stablecoins Are Not Your Friends

[Nov 19, 2024 6:01 PM] Stablecoins are often pitched as a stopgap method, or a friendly tool for people in the developing world who cannot handle the volatility of Bitcoin. They are framed as something complementary to Bitcoin, not in competition with it. Nothing could…