South Korea Bypasses Seoul to Pilot Test CBDC in Three Cities
Michael ScottThree cities, including Busan, Jeju, and Incheon, are considered targets to test the CBDC payments. On July 31, the financial…
Nigeria Central Bank Integrates NFC Upgrade to Facilitate eNaira Contactless Payments
The Central Bank of Nigeria (CBN) confirmed the integration of Near Field Communication (NFC) technology. The addition aims to improve…
Circle’s CEO Predicts China’s CBDC to Facilitate Yuan Stablecoin
Despite China banning the utilization of cryptocurrencies, stablecoins may have a significant role in its national currency’s growth. Jeremy Allaire…
Ron DeSantis Pledges to Outlaw CBDCs in the US
Tom BlitzerKey Insights: DeSantis to ban CBDCs on day one if elected President in 2024. The candidate highlights the potential misuse…
How to Use India’s CBDC e-Rupee – A Complete Beginner’s Guide
James DavisE-Rupee, a digital version of India's national currency Rupee, was announced in November 2022. The CBDC (Central Bank Digital Currency)…
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93% Of Banks Are Actively Exploring CBDC Development – Survey
George WardCentral bank digital currency (CBDC) is increasingly becoming an object of interest among financial players from different jurisdictions. According to…
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Brazil’s CBDC Pilot Features Code Allowing Freezing and Balance Reduction
Blockchain developer involved in reverse-engineering the pilot central bank digital currency (CBDC) reveals code the central authority could use to…
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MiCA’s Stablecoin Transaction Cap to Hinder Crypto Adoption
Legal experts are critical of the €200 million daily cap that Markets in Crypto Assets (MiCA) legislation imposes on the…
Former SEC Official Warns Against Central Bank Digital Currencies
Key Insights: CBDCs tagged as 'most absurd financial idea' by former SEC official. Stark equates creating CBDCs to building a…
Here’s What To Know About “Britcoin,” UK’s Digital Pound
The race for central bank digital currency (CBDC) development is heating up, with several jurisdictions putting more effort into establishing…
IMF Retracts on Bitcoin Bans, Considers Them Ineffective
The International Monetary Fund (IMF) is disassociating from the initial stance advocating for countries to consider imposing crypto bans. The…
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Global Anti-Money Laundering Body Criticizes Qatar Over Crypto Regulation
The Qatar Central Bank (QCB) has come under fire from the Financial Action Task Force (FATF) over its lack of…
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Ron DeSantis Warns that Reelecting Joe Biden Will Kill Bitcoin
Florida Governor Ron DeSantis warned that reelecting Joe Biden is a catastrophic ending of Bitcoin. Speaking in a Twitter Spaces…
House Representative Tom Emmer Claims Several Democrats Support His CBDC Bill
On Monday, Republican House Representative Tom Emmer said his bill titled 'CBDC Anti-Surveillance State Act' has grown in popularity among…