[ad_1] The digital ruble bill was passed by lower and upper parliaments before the president signed it into law. Russia is following in the footsteps of its neighbor China, which is far…
Category: CBDCs
Global CBDC Rollouts Will Give Governments Massive Control and Power, Warns Cato Institute President
[ad_1] Central bank digital currency (CBDC) is the ultimate trojan horse for citizens around the world, according to Peter Goettler, president of the Cato institute. Goettler, who has been president and CEO…
European Commission outlines vision for digital euro
[ad_1] Policy • June 28, 2023, 10:45 a.m. EDT The European Commission on Wednesday released a proposal for a digital euro that would ensure free access to CBDCs across the bloc and…
The IMF’s Role In Shaping The Future Of Cryptocurrencies: A Global Infrastructure For CBDCs
[ad_1] The concept of a global infrastructure for digital currencies, as proposed by the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, could have significant implications for cryptocurrency adoption. Georgieva’s…
USDC’s Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
[ad_1] Other stablecoins with smaller circulation also lost ground, including BUSD, issued by Paxos, and the crypto-backed stablecoin DAI, issued by MakerDAO. Only USDT appears to have benefited from the turmoil, briefly…
Former Coinbase CTO urges ‘get to Bitcoin’ before CBDC digital lockdown
[ad_1] Advertisement Former CTO of Coinbase Balaji Srinivasan warned people to “GET BITCOIN BEFORE DIGITAL LOCKDOWN.” The comments come at length tweet about the weaknesses of the FedNow banking system and payment…
Bill to block retail CBDCs in Texas? Senator Ted Cruz suggests…
[ad_1] US Senator Ted Cruz introduced legislation to block the Federal Reserve from issuing retail CBDCs. Texas lawmakers argued that such a CBDC would violate the financial privacy of US citizens. Texas…
White House crypto policy report blasts digital assets
[ad_1] A new report from the White House blasts digital assets for failing to deliver on their purported initial promises and increasing risks to consumers and the entire US financial system. …