Citigroup Envisions CBDCs as the Driving Force for Mainstream Crypto Adoption
Citigroup, a leading U.S. banking institution, has projected that the widespread adoption of cryptocurrencies is likely to occur within the next six to eight...
Hot Topics on Crypto Twitter Over the Past Seven Days – Republicans Reject CBDC Plans
As cryptocurrencies continued to post gains over the past week following the collapse of Credit Suisse, which drove investors to pour their funds into the...
Senator Ted Cruz Proposes Bill to Block Fed CBDC from Launching
In a move that could have significant implications for the future of digital currency in the United States, Senator Ted Cruz has proposed legislation that...
What You Need to Know About Central Bank Digital Currencies
What Is a Central Bank Digital Currency? A central bank digital currency is a digital version of a country's fiat currency that is issued and...
UAE Central Bank to Implement CBDC Strategy
On March 23, the United Arab Emirates apex bank penned a partnership agreement with the leading Abu Dhabi- based financial provider G42 Cloud and R3...
Nigeria CBDC Adoption Increases Following a Shortage in Fiat Currency
The decision made by Nigerian financial watchdogs to replace the old fiat currencies has increased the adoption of central bank digital currency eNaira. The global...
The Tether Controversy: Authenticity of Documents Used to Gain Banking Access
The Benefits and Drawbacks of the Bank of Canada's CBDC Considering CBDCs' Capabilities Tether reacted to the Wall Street Journal's investigation on Saturday, which contended...
Australia Announces Plans for CBDC Pilot Program
On Wednesday, the Reserve Bank of Australia (RBA) disclosed plans for an upcoming pilot phase of its central bank digital currency (CBDC) dubbed eAUD. In...
Russian Legislative Assembly Passes Blockchain Bill
Blockchain technology is seeing worldwide adoption, and the latest country to join the list of nations entering this bandwagon is Russia. It is utilizing the...
Representative Emmer Proposes CBDC Anti-Surveillance Act to Protect Americans’ Financial Privacy & Freedom
Representative Tom Emmer has proposed legislation to bar the Federal Reserve from issuing a CBDC, or central bank digital currency. In an announcement on February...