The Bank of Canada ends its seven-year plan to develop a digital currency, shifting focus to broader payment trends. The central bank will concentrate on modernizing payment systems while monitoring…
Browsing: CBDC
Robert F. Kennedy Jr. plans for the U.S. government to acquire $615 billion in Bitcoin, equaling its gold reserves, to enhance financial transparency and democracy. Kennedy’s strategy includes eliminating capital…
COTI joins the Central Bank of Israel’s CBDC project with 13 other well-known companies. COTI’s blockchain ensures unparalleled privacy and security for CBDCs, meeting regulatory requirements. In a tweet, COTI…
The United States US Republican party is pushing for more support for Bitcoin mining. The politicians are against CBDCs or Digital Dollar in a bid to spite the Democrats. The…
A research paper titled “Potential Climate Impact of Retail CBDC Models” tests Algorand and Hedera as a representation of the e-Krona model and its decentralized design. At press time, 130…
The state enacts HB 488 to safeguard Bitcoin rights and ban Central Bank Digital Currencies (CBDCs). The new law is designed to attract investment and foster economic growth through Bitcoin…
Ripple collaborates with 10 governments to develop CBDCs using its blockchain technology. Ripple introduces Real USD (RLUSD) to stabilize transactions within the XRP Ledger and Ethereum. CEO of Ripple, Brad…
Donald Trump promises to stop Joe Biden’s anti-crypto policies and support self-custody of digital assets. Trump’s campaign is now accepting crypto donations, making him the first major candidate to do…
Lacalle warns that US debt accumulation and fiscal policies pose a greater threat to the dollar than cryptocurrencies. Legislative debates on CBDCs highlight privacy concerns and the need for Congressional…
Joe Biden’s CBDC plans could be derailed following the US Fed’s warning and new opposition from at least five US senators who describe it as “government-controlled programmable money.” The US…
Ripple CBDC platform is said to have the required features for mass adoption as it leads the ecosystem to a massive transformation. However, there is an issue of a consistent…
As adoption for Central bank digital currencies increases, Ripple takes front place as a leading pioneer. Ripple continues to work with Central banks to simplify their entrance into the CDBC…
As over 100 countries explore CBDCs, Ripple is offering central banks the most secure and cost-effective platform, which could bring billions into the XRPL world. While some are concerned that…
The European Central Bank (ECB) has allocated $1.3 billion to contractors who can enable offline payments for the digital euro. Jonas Gross, chairman of the industry group the Digital Euro…
Robert F. Kennedy Jr. has disclosed that Central Bank Digital Currency (CBDC) could be used by governments to track user spending. Speaking on Bitcoin, he stated that the asset is…
Bank of Korea Governor Rhee Chang-yong has stated that South Korea will not issue its CBDC ahead of the U.S. and Europe. The governor has admitted there are minimum benefits…
The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and UOB are…
Ripple Labs emerged as the official partner for Georgia’s CBDC after fierce competition with nine technology companies. It is reported that Ripple was selected for its track record and deep…
The European Central Bank is stepping up its effort to launch the much anticipated CBDC (digital Euro) as its necessity sparks massive debate. Josh Lipsky of the global CBDC tracker…
Ripple expands worldwide as governments seek blockchain for issuing digital currencies amid growing global interest in central bank digital coins (CBDCs). Ripple’s CEO aims to hire most new employees outside…