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FOUND: 2 | Mind Blowing Facts

Can a CBDC be truly private?

Government-backed digital currencies are drawing critics from the left and right.

Fortune

US presidential hopefuls rally against a digital dollar ahead of 2024 elections

The conversation around the role of central banks in the economy has taken on a new dimension among U.S. presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital U.S. dollar as they make…

Tribune News Service

Ron DeSantis proposed a bill to ban CBDCs. A trade policy professor calls that 'a little ludicrous'

With his eyes on the 2024 presidential election, the Florida governor's proposal "is largely a political gesture."

Fortune

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DeSantis wants to ban federal digital currency, despite debunking of concerns

TALLAHASSEE — Echoing recent claims by Alex Jones and other right-wing personalities that the federal government wants to create a Communist-style surveillance system to track the spending habits of Americans, Gov. Ron DeSantis on Monday said he wants to ban such activities in Florida.

Orlando Sentinel

Fed Chairman Jerome Powell says a CBDC won't happen soon: 'We're not at the stage of making any real decisions'

President Joe Biden issued an executive order last year calling for more urgency and research on CBDCs.

Fortune

Central banks currencies are coming whether we want them or not. Should you be worried about CBDCs?

Governments around the world are issuing blockchain versions of their currency—and not everyone is a fan.

Fortune

UK considers issuing a digital pound to protect against new forms of money

The Bank of England claims the digital pound will help protect the UK from new forms of money that could pose a risk to its financial stability.

Fortune

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Government-issued digital currencies could bring about a dystopian future, security experts warn

As the world moves away from cash, countries are rolling out government-regulated digital currencies that have concerned security experts.

Inverse

Bank of Thailand continues push for digital currency

The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.

Bangkok Post

Binance CEO: This Country's Pilot CBDC Program Will Be Implemented On BNB Chain

Binance CEO and co-founder Changpeng Zhao confirmed that the National Bank of the Republic of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), on the BNB Chain, the underlying blockchain of the Binance network.

Benzinga

Is White House Late To CBDC Game? Beware Volatility And Hacking, Experts Say

The Biden administration recently unveiled a comprehensive strategy for implementing a central bank digital currency (CBDC) over the next few years.

Benzinga

India Blockchain Forum launched

TS govt. to soon launch Web 3.0 regulatory sandbox, says IT Secretary

The Hindu

Opinion: China's Central Bank Digital Currency Could Revolutionize Global Trade

The digital yuan will play a key role in reducing dollar dependence and give countries another payment option for trade

Caixin Global

Big Wall Street Banks Do Not Want Fed-Backed Digital Dollar Crypto Alternative - Read Why

Wall Street bankers are urging the U.S.

Benzinga

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The Hindu

Cryptos and a CBDC are not the same thing

The central bank must note that a Central Bank Digital Currency can only be a fiat currency and not a crypto

Reason

Biden Has His Eye on Bitcoin

The president's anticipated executive order stopped short of feared regulations but suggests federal unease with uncontrolled development.

The Times of India

Cautiously progressing to introduce digital currency; do not want to rush it: RBI governor

MUMBAI: Days after the government said the Reserve Bank will introduce a digital currency in 2022-23, governor Shaktikanta Das on Thursday said the central bank does not want to rush and is carefully examining all aspects before introduction of the Central Bank Digital Currency (CBDC).

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