The future of the digital pound, the UK’s potential central bank digital currency (CBDC), just hit a notable point of skepticism. Bank of England Governor Andrew Bailey has publicly questioned the fundamental need for a retail version of this digital currency for consumers. This development is significant for anyone following CBDC news and the evolving […]
A significant development is unfolding at the intersection of traditional finance and blockchain technology, spearheaded by Chainlink CBDC integration efforts. Chainlink, a leading oracle network, has achieved a notable milestone in facilitating cross-border digital currency exchange, specifically between central bank digital currencies (CBDCs) and stablecoins. This pilot program marks a crucial step in exploring the […]
Get ready, Michigan! The state legislature is making waves in the digital asset space. Recently, four significant Michigan crypto bills were introduced in the House, signaling a proactive approach to integrating and regulating cryptocurrencies within the state’s framework. This legislative push covers everything from potential Bitcoin investment for public funds to discouraging a central bank […]
Get ready for a significant step in South Korea’s digital finance journey! The Bank of Korea (BOK) is taking crucial action regarding the future of money, specifically focusing on the potential South Korea CBDC. Why is This BOK CBDC Meeting So Important? According to local reports from Financial News, BOK Governor Rhee Chang-yong is expanding […]
The world of finance continues its rapid evolution, and another nation is stepping into the digital age. For those tracking the progress of central bank digital currencies (CBDCs) and their potential impact on global finance, the latest news from South America is particularly noteworthy. Bolivia is reportedly preparing to unveil its own version of a […]
Big news is rippling through the financial world! According to a report from Watcher Guru on X, the U.S. Treasury Secretary, cited as ‘Bessent’, has reportedly come out strongly against the idea of the Federal Reserve issuing a Federal CBDC. This statement adds a significant voice to the ongoing CBDC Debate in the United States. […]
Big news from the European financial scene! The European Central Bank (ECB) is taking a significant step forward in its exploration of a central bank digital currency, often referred to as the digital euro. They’ve just launched a dedicated innovation hub specifically for CBDC testing. This move signals that the project is moving beyond theoretical […]
Exciting news from the world of cryptocurrency and central banking! Layer-1 directed acyclic graph (DAG)-based blockchain network, COTI, has announced a significant collaboration. The project will contribute to the European Central Bank’s (ECB) ambitious Digital Euro project. This move sees COTI helping develop the underlying technology for the eurozone’s central bank digital currency (CBDC), marking […]
Big news from the East! The development of a Russia digital ruble has been a topic of keen interest in the financial world, and now we have a firm timeline. The Central Bank of Russia has officially confirmed that its digital ruble launch for the payment network is planned for 2026. This is a significant […]
South Korea, a nation renowned for its technological prowess and fervent adoption of digital trends, is witnessing a surge of interest in the cryptocurrency realm. As the country gears up for its presidential elections, one candidate is stepping into the spotlight with a visionary approach to digital finance. Hong Joon-pyo, a prominent contender from the […]
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