CBDC

The Republican party is pushing ahead with new legislation designed to stop the launch of a Central Bank Digital Currency (CBDC) within the United States. What Happened: As detailed by Decrypt on Wednesday, the House Financial Services Committee debated three bills that seek to limit the Federal...

In a move to safeguard the financial privacy of U.S. citizens, Republican Representative Tom Emmer (R-Minn.) has brought back the “CBDC Anti-Surveillance State Act” in the United States House of Representatives. What Happened: As reported by Cointelegraph,...

With rising global interest in central bank digital currency (CBDCs), Mastercard (NYSE: MA) is firm on supporting the central bank with its CBDC program which was initially launched in August 2023. The program’s partners include Ripple, Consensys, Fluency, and Fireblocks. “Our goal is...

The Royal Bank of Canada (RBC) has released a report on the evolving landscape of central bank digital currencies (CBDCs), that underscores the increasing global shift towards electronic payments as traditional cash usage wanes. This trend has prompted numerous governments to consider introducing...

Pro-Bitcoin (CRYPTO: BTC) Presidential Candidate Mayor Francis Suarez of Miami said on X he will be dropping out of the presidential race.  What Happened: In a post on X (formerly Twitter), Suarez said, "While I have decided to suspend my campaign for President, my commitment to making this a...

Corporates continue to embrace central bank digital currencies, or CBDCs, despite certain politicos calling the emerging tech "evil" and likening it to "the Death Star." What Happened: Mastercard (NYSE: MA) recently unveiled its CBDC Partner Program, which counts Ripple (CRYPTO...

Ohio Congressman Warren Davidson has expressed strong opposition to Central Bank Digital Currencies (CBDCs), emphasizing the potential risks they pose to the digital asset ecosystem. In a series of tweets, the House Representative highlighted the misconceptions surrounding CBDCs and other digital...

In a Wednesday episode of the “Joe Rogan Experience” podcast, musician Post Malone joined host Joe Rogan to discuss the potential risks associated with central bank digital currencies (CBDCs).  What Happened: Malone asked Rogan about his views on the government's digital currency....

Microsoft (NASDAQ: MSFT) and Aptos Labs are joining forces to integrate artificial intelligence with blockchain, aiming to simplify the transition for users into the Web3 realm using the Microsoft Azure OpenAI Service. What Happened: This collaboration seeks to address the challenges users...

At a campaign event in New Hampshire, Republican presidential candidate and Florida Governor Ron DeSantis called out the Biden Administration for what he perceived as a “war” on Bitcoin (CRYPTO: BTC) and cryptocurrencies. What Happened: DeSantis vowed to bring an end to such policies if...

The Banque de France has concluded that its wholesale central bank digital currency (wCBDC) could enhance cross-border payments, settlement finality, and security for a wide array of financial assets. This conclusion comes after conducting several tests using crypto-powered technologies. The...

Florida Governor and U.S. Presidential hopeful Ron DeSantis expressed staunch opposition to the implementation of Central Bank Digital Currencies (CBDCs) in the United States.  What Happened: In a statement last week at the Family Leadership Summit in Iowa DeSantis said, “If I am the...

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) supporter Florida governor and U.S. presidential hopeful Ron DeSantis on Friday opposed establishing a central bank digital currency. What Happened: DeSantis told former Fox News Television anchor Tucker Carlson at the Family Leadership Summit that "...

Despite the rapid proliferation of stablecoins, many regulators are apprehensive about adopting the technology, particularly in emerging economies. What Happened:"Unbacked cryptocurrencies — we don't believe are anything that answers to anything, which is a financial asset or...

The Bank for International Settlements (BIS) has rolled out a new security and resilience framework aimed at protecting Central Bank Digital Currencies (CBDCs) from the ever-evolving landscape of cyberthreats. Developed by the BIS Innovation Hub Nordic Centre, the Polaris framework is a response to...