[Oct 17, 2023 1:30 AM] Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if…
[Oct 16, 2023 4:36 AM] The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
[Oct 15, 2023 5:30 AM] Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital…
[Oct 13, 2023 8:30 PM] India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand…
[Oct 13, 2023 6:30 PM] Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with…
[Oct 13, 2023 4:30 PM] Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to…
[Oct 12, 2023 1:12 PM] The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
[Oct 11, 2023 1:30 PM] LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.
[Oct 11, 2023 5:30 AM] The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents…
[Oct 11, 2023 2:11 AM] Nigeria’s central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability.
[Oct 10, 2023 4:00 AM] The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system…
[Oct 10, 2023 2:30 AM] A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial…
[Oct 7, 2023 4:30 AM] The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank…
[Oct 6, 2023 4:30 PM] Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of…
[Oct 5, 2023 2:48 PM] Central bank digital currencies (CBDCs) are poised to give politicians unprecedented power to track your data, restrict your movements, and control your life.
[Oct 5, 2023 7:30 AM] The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843…
[Oct 5, 2023 3:03 AM] Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy.
[Oct 4, 2023 3:09 PM] The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.
[Oct 4, 2023 3:48 AM] The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support.
[Oct 4, 2023 3:00 AM] The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“
[Oct 4, 2023 2:30 AM] Sergio Massa, Argentine economy minister and presidential candidate, has announced that, if elected, his new government plan would include launching a national digital currency that local media has called the “crypto peso.” Massa also…
[Oct 3, 2023 7:54 AM] A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
[Oct 3, 2023 1:30 AM] The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was…
[Sep 30, 2023 6:00 PM] Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big…
[Sep 29, 2023 12:50 PM] As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
[Sep 29, 2023 12:20 PM] Do We Need CBDCs? Bitcoin Backstage with Cynthia LummisIn the world of digital currencies, two terms frequently come up for discussion - Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years…
[Sep 28, 2023 5:30 AM] Trying to make the digital yuan more attractive for foreigners, China has added a “recharge before use” feature to its digital currency system. The upgrade will allow visitors from abroad to replenish a digital yuan wallet through the global…
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