Tag: CBDCs

Charles Hoskinson Warns CBDCs Could Imperil Financial Freedom

Cardano blockchain founder Charles Hoskinson spoke against Central Bank Digital Currencies (CBDCs) while explaining the fundamental concept behind crypto. Hoskinson made this statement in...

How Ripple Custody Acquisition Can Support CBDCs

Distributed ledger specialists Ripple Labs acquired digital asset custody firm Standard Custody and Trust. The purchase follows Ripple’s 2023 acquisition of Swiss custody...

Vivek Ramaswamy Says he Advised Trump on CBDCs

In the ongoing election, Vivek Ramaswamy, a former presidential candidate, has once more expressed his endorsement for Donald Trump. He disclosed that he,...

CBDCs Will Have a Significant Impact on Central Banks’ Risk Profiles: Report

The Bank of International Settlements (BIS) has delineated how the introduction of central bank digital currencies (CBDC) could bring about new risks. “Since risks...

Sam Altman ‘Excited’ About Bitcoin, Worries About CBDCs

OpenAI CEO Sam Altman has expressed concerns about the U.S. government’s regulatory approach to cryptocurrencies, particularly its impact on major assets like Bitcoin. During...

Senate Bill Revision Targets Intermediated CBDCs Ban

House Republicans are renewing efforts to ban central bank digital currencies (CBDCs), broadening the Bill’s scope to encompass “intermediated CBDCs.” On Tuesday, September 12,...

Russian Politician Says CBDCs Will Eliminate Traditional Banks

Anatoly Aksakov, head of Russia’s parliamentary financial committee, recently threw a proverbial grenade into the financial world. He asserted that the rise of...

BIS Offers Framework to Lower Retail CBDC’s Cyber Threat Risk

The Bank for International Settlements’ New Project Polaris will investigate how to protect retail central bank digital currencies (CBDCs) operations from risks posed...

Full List of Countries Exploring CBDCs

The digital revolution has taken a giant stride, with cryptocurrencies reaching mainstream adoption. As an indicator of this change, a study shows that...

G7 Offers Muted Support for CBDCs

Officials of the world’s largest advanced economies have recognized the potential benefits of central bank digital currencies (CBDCs). But they cannot quell the...

Unveiling the Dangers of a Digital Dollar: How CBDCs Affect You

As central banks worldwide explore the concept of Central Bank Digital Currencies (CBDCs), the potential introduction of a digital dollar in the United...

Privacy Is Not the Main Problem With CBDCs

According to the CEO of the Cardano Foundation, privacy isn’t the big problem with CBDCs, and we all need to be a little...

Are CBDCs the Future of Money or Just a Pipe Dream?

Central Bank Digital Currencies are often touted as the future of money. They scare some and excite others. What’s the truth? According to the Atlantic...

UDPN Aims to Connect State Controlled Stablecoins and CBDCs

A new crypto payments ecosystem for stablecoins and CBDCs called Universal Digital Payments Network (UDPN) debuted at Davos. Some are comparing the project to...