There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
Attendees of the 2024 Oslo Freedom Forum were united in addressing the threat that central bank digital currencies (CBDCs) pose to freedom around the globe.
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
The Qatar Central Bank (QCB) has announced the completion of the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its efforts to embrace digital financial transformations. In a June 2 press release, the QCB said it has started the the first phase of its CBDC project, which is […]
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Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people.
Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital currencies (CBDCs). Speaking at a high-level panel during the Bank for International Settlements (BIS) Innovation Summit on May 6, Nagel expressed concern over the uncertain […]
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Andrew Abir, deputy governor of the Bank of Israel, recently said that traditional cash was once competitive with other payment methods, but its role has “eroded” because of technological limitations as finance becomes increasingly digital. Abir made the statement during his speech at the “Engines of the Israeli Ecosystem” conference on April 16, where he […]
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Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.
The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy.
Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
The widespread use of central bank digital currencies (CBDCs) does not have enough justification at the moment as customers are so comfortable using today's type of money, a senior Mastercard official has said.