The U.S. Senate moved forward Monday on a sweeping bipartisan housing package that includes a provision barring the issuance of a central …
CBDC
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The Senate Banking Committee’s bipartisan “ROAD to Housing Act” includes a provision banning the Fed from issuing a CBDC before 2031. www.coindesk.com
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In a significant move for global finance, Russia has announced a strategic pivot to deploy its central bank digital currency, the digital …
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Federal Reserve Chair Jerome Powell confirmed that the US will never have a central bank digital currency (CBDC) while he leads the …
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For years, Ripple funded Central Bank Digital Currency (CBDC) initiatives aimed at using its XRP Ledger (XRPL) for inter-central bank settlements. However, …
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Finance
Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption
by shayaanby shayaanCambodia may not grab the headlines as a blockchain hub, but the Southeast Asian nation has been quietly growing its blockchain-based payments …
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Regulation
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill
by shayaanby shayaanJulia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. …
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The key figure behind Russia’s central bank digital currency initiative has resigned from the central bank, ending her leadership role in the …
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In Israel, the peer-to-peer protocol Kima has successfully initiated the transfer of a tokenized share via Central Bank Digital Currency (CBDC). The …
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Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking …