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Australia, Canada, and Colombia Press Pause on CBDC Initiatives

Australia, Canada, and Colombia Press Pause on CBDC Initiatives

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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

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

North Carolina Blocks CBDCs with New Law

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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

India’s CBDC Surpasses 5 Million Users Amid Cautious Rollout

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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

Louisiana Passes Bitcoin Custody Protection, CBDC Ban

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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

Idaho Republicans Support Bitcoin, Oppose CBDC

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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

86% of Germans Open to Euro CBDC, Bundesbank Finds

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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

New Zealand Considers CBDC to Limit Crypto Use

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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

Swift Triumphs in CBDC Sandbox Test with 38 Participants

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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...
Israel Expands on Plans to Launch a CBDC

Israel Expands on Plans to Launch a CBDC

Israel’s central bank recently disclosed plans to launch an Israeli shekel CBDC. This digital shekel will have interest-bearing features. The country’s financial regulator shared...