US Congressman Calls for Swift Ban on CBDCs, Compares Them To Death Stars
Davidson argued that CBDCs could become tools for coercion and control, paving the way for a dark future that violates data privacy rights and undermines individual freedoms.
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Latest firstBIS Unveils Robust Framework to Safeguard CBDCs Against Cyberattacks
BIS has created a framework to protect CBDCs in the DeFi sector from cyberattacks.
Largest Southeast Asian Bank Launches Digital Yuan Payment Solution
The payment solution is exclusively available to corporate clients of DBS Bank China, allowing them to collect e-CNY from their customers and conduct automated settlements of the digital currency into their CNY bank deposit accounts.
Swiss National Bank to Launch Wholesale CBDC Pilot, Embracing Blockchain Innovation
The digital currency will be issued on Switzerland's SIX digital exchange, and Jordan emphasized that it would not be a mere experiment but a tangible form of money equivalent to bank reserves.
Mercado Bitcoin Joins Brazil’s CBDC Pilot as Authorized Crypto Exchange
Mercado Bitcoin has been granted permission by Brazil's central bank to participate in the pilot program for the digital real.
IMF To Develop a Global CBDC Platform
Key takeaways: Central Bank Digital Currencies (CBDCs) have been gaining traction worldwide as nations explore the potential benefits of digitising their national currencies. In a groundbreaking move, the International Monetary Fund (IMF) has recently announced its plans to develop a…
Brazilian Central Bank Selects Nubank, Visa, and 12 Others for CBDC Pilot
The Central Bank of Brazil chose 14 institutions to participate in the digital real pilot, the country's central bank digital currency (CBDC).
Russian Lawmakers Introduce Amendments to Digital Ruble Bill
The bill's provisions for debt management, non-resident services, and the function of the central bank are all subject to revision.
Hong Kong launches e-HKD pilot program with 16 companies
The pilot program for the e-HKD's central bank digital currency (CBDC) was presented by the Hong Kong Monetary Authority (HKMA).
Zimbabwe Ignores IMF Warning, Sells Gold-Backed Crypto Tokens
Despite a strong warning from the International Monetary Fund, Zimbabwe pressed forward with its intentions to sell gold-backed crypto tokens.