CBDC

January 29, 2024

Robert F. Kennedy Jr pledges to end US efforts to move toward CBDC

Robert F. Kennedy Jr., a presidential candidate, has joined Donald Trump in opposing the development of a central bank digital currency (CBDC) in the United States. […]
January 23, 2024

BIS announces CBDC, tokenization projects for 2024

The Bank for International Settlements (BIS) Innovation Hub is set to embark on the next phase of its central bank digital currency (CBDC) privacy research and […]
January 17, 2024

Multiple US Senate bills object to CBDC’s definition of ‘money’

Several states in the United States are actively proposing bills to exclude central bank digital currencies (CBDCs) from their legal definition of money. This movement could […]
December 11, 2023

South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.   The Financial Services Commission (FSC) of […]
December 04, 2023

UK House of Commons recommends further CBDC tests on viability, risks

The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether […]
November 30, 2023

Digital Canadian dollar fails to impress despite high awareness

People who were aware of CBDCs were more reluctant to adopt the technology when compared with those who didn’t know about it.   The Bank of […]
October 26, 2023

Bank of Spain embraces ‘digital euro,’ explains its benefits

The digital euro will make electronic payments a vital piece of the financial system, the statement claims.   Spain’s central bank, Banco de España, has released […]
October 13, 2023

China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.   On October 11, China […]
October 05, 2023

Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says

The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.   In the pursuit of establishing […]

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