President John F. Kennedy’s nephew also worries that the government will seize the public’s Bitcoin.
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Category: CBDC
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Peru considering CBDC to improvement payment system: Former IMF adviser
The Central Reserve Bank of Peru has released a report on the development of a central bank digital currency and promises more reports as its research continues.
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ANZ bank completes Australian CBDC use case for carbon credit trading
The first Australian dollar-backed stablecoin was used with Australian CBDC support to trade carbon credits with Grollo Carbon Ventures.
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‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity […]Powered by WPeMatico
Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism
Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin to “buying air.” Despite her stated distrust of banks, Warren told the show […]Powered by WPeMatico
Central African Republic’s Sango Project announces delay of token listing
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.
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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be […]Powered by WPeMatico
Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.
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Japan plans to form expert panel to explore digital yen: Report
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years.
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Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi
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