[yesterday 7:30 PM] The digital ruble is still expected to be rolled out massively by year-end. Nonetheless, the Central Bank of Russia has reiterated that it will only start the implementation phase once it has worked out all the possible nuances during the current…
[Apr 2 6:30 PM] XRP holders may see huge profits if they can hold on through tough economic times, according to one crypto academy founder. Edoardo Farina of Alpha Lions Academy claims that soon, only the wealthiest 1% of investors will be able to afford XRP…
[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…
[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…
[Mar 11 1:30 AM] Economist Mark Carney is set to automatically become Canada’s next prime minister after winning the Liberal Party leadership race, even though he hasn’t participated in a general election. Justin Trudeau’s Successor Is a Former Central Banker and…
[Mar 9 7:30 PM] ECB President Christine Lagarde said the European Central Bank (ECB) aims to finalize preparations for a digital euro by October 2025, but its launch remains contingent on legislative approval and stakeholder cooperation. EU Digital Euro…
[Mar 4 10:30 AM] Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United…
[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…
[Feb 27 9:30 AM] In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in…
[Feb 9 6:30 AM] A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End…
[Jan 28 12:30 PM] Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue a National…
[Jan 27 6:30 AM] The Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman of the State Duma Committee on Economic Policy Artem Kiryanov highlighted the importance of these…
[Jan 17 12:30 PM] The People’s Bank of China (PBOC) has highlighted the utilization of the digital yuan, China’s central bank digital currency (CBDC), and blockchain technology as part of its 2025 strategy. In a post summarizing the issues touched on as…
[Jan 16 8:13 PM] The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.
[Dec 27, 2024 3:00 PM] Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
[Dec 19, 2024 6:17 PM] According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development.
[Dec 17, 2024 11:52 AM] The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.
[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…
[Nov 24, 2024 5:13 PM] According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
[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…
[Nov 9, 2024 9:30 AM] Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
[Nov 4, 2024 5:32 PM] The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.
[Oct 29, 2024 5:30 AM] The explosive growth of central bank digital currencies, expected to surge 2,430% by 2031, could revolutionize global payments, slashing cross-border transaction costs by billions. The Global Payment Shake-Up: CBDCs Poised to Transform Transactions…
[Oct 25, 2024 6:15 PM] As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy?
[Oct 24, 2024 8:30 AM] Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both…
[Oct 24, 2024 3:30 AM] The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which…
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