IMF Director Issues Warning Regarding Retail CBDCs
International Monetary Fund or IMF director Kristalina Georgieva is concerned about issues connected to retail CBDCs. It is worth noting that CBDCs are digitized forms...
Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...
Bank of England Completes CBDC’s Distributed Ledger Technology Pilot Testing
The Bank of England (BoE), in collaboration with the London-based Bank for International Settlements (BIS), has completed experimenting with central bank digital currency (CBDC). The...
UK Establishing Bitcoin Policy Organization for Crypto Education
The dominance of crypto in the market has inspired a group of investors, policymakers, and environmentalists from Britain to develop Bitcoin Policy UK (BPUK). The...
97% Of Companies Believe Cryptocurrency Enables Instant Transactions – Ripple Survey
Ripple, a well-known crypto exchange and payment entity, has issued a report in collaboration with a payment organization named Faster Payment Council (FPC) on the...
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...