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Central Banks Favor Traditional Payment Systems Over CBDCs
A recent OMFIF survey shows central banks are focusing on improving cross-border payments. They are doing this by using existing systems like the US...
Australia, Canada, and Colombia Press Pause on CBDC Initiatives
This change isn't just because of concerns from everyday people. It’s the central banks themselves that are raising red flags.
Other countries should pay...
Canada Reassesses CBDC Plans, Focuses on Payment Systems
After five years of research, Canada is set to abandon its plan to launch a central bank digital currency (CBDC). Instead, Canada plans to...
North Carolina Blocks CBDCs with New Law
On September 9th, the state’s Senate voted to override the governor’s veto, making the bill official.
This law stops any CBDCs from being used...
India’s CBDC Surpasses 5 Million Users Amid Cautious Rollout
Shri Shaktikanta Das, Governor of the Reserve Bank of India (RBI), highlighted this approach during his inaugural address.
The address took place at the RBI...
Louisiana Passes Bitcoin Custody Protection, CBDC Ban
This legislative development underscores Louisiana's commitment to embracing the decentralized nature of cryptocurrencies.
It also expresses caution towards centralized digital monetary systems. Let's explore...
Idaho Republicans Support Bitcoin, Oppose CBDC
This stance underscores Idaho Republicans' commitment to financial freedom and resistance against centralized digital currencies.
In recent years, Bitcoin has emerged as a symbol of...
86% of Germans Open to Euro CBDC, Bundesbank Finds
This overwhelming support indicates a growing interest in and acceptance of digital financial innovations among the German population.
It also marks a pivotal point...
New Zealand Considers CBDC to Limit Crypto Use
This move indicates the nation's potential interest in discouraging the use of Bitcoin and other decentralized cryptocurrencies.
This development marks a significant step in New...
Swift Triumphs in CBDC Sandbox Test with 38 Participants
This achievement, with 38 central banks participating, showcases the industry's push toward web3 financial technologies.
Swift's initiative marks a significant milestone in the journey towards...
