Deutsche Bank’s Leap into Cryptocurrency Custody with Taurus
Deutsche Bank, one of the world’s leading financial service providers, has entered into a global partnership with Taurus, a prominent provider of digital asset infrastructure. This
CBDC (Latest Publications)
The CBDC (Central Bank Digital Currency) are cryptocurrencies that, unlike traditional ones, are backed and issued by the governments of different countries through their central banks.
This is a completely different concept and contrary to the initial idea with which cryptocurrencies were created. Cryptocurrencies seek decentralization and independence from governmental and financial institutions.
In this section you will find all the news about CBDCs and their implementation worldwide.
US Congressman Tom Emmer Reintroduces Anti CBDC Bill
According to a recent Fox Business report, Tom Emmer, a United States Representative from Minnesota, along with 49 original co-sponsors have reintroduced a CBDC Bill called the “CBDC Anti-Surveillance State
How is the European CBDC project going? ECB executive gives details and attacks Paypal
On September 4, Fabio Panetta, a European Central Bank executive, published an official report on the progress of its central bank digital currency (CBDC) project, noting the
BIS Study Reveals Over 90% of Central Banks Actively Exploring CBDCs. Dangers Looming?
In a recent survey conducted by the Bank for International Settlements (BIS), a Switzerland-based organization representing 63 central banks and 95% of the global economy, it
IMF Working on Global CBDCs Platform
The International Monetary Fund (IMF) is taking strides toward ensuring the smooth operation of Central Bank Digital Currencies (CBDCs) globally. Recognizing the need for global interoperability,
G7 calls for CBDCs approval. What are the risks for individuals?
In a move that has sparked controversy, authorities from the Group of Seven (G7) nations have expressed support for the widespread adoption of central bank digital
Bank of England Fintech Head: Digital Pound Incompatible With Cryptocurrencies
At the Financial Times’ Crypto and Digital Assets Summit in London, the Bank of England’s director of FinTech, Tom Mutton, recently discussed the UK’s ambitions to
Cato Institute says CBDCs are a danger to economic freedom
The Cato Institute, a Washington-based libertarian “think tank,” has produced a comprehensive analysis of the threats posed by central bank digital currencies (CBDCs), which many countries
US Senator Ted Cruz Introduces a Bill to Block Fed’s CBDC Creation
Senate Republicans are pushing legislation to prevent the Federal Reserve and the Biden presidency from implementing a central bank digital currency (CBDC). Ted Cruz proposed this
A More Detailed CBDC Monitoring System Will be Launched by BIS
The Bank for International Settlements (BIS) will launch a stablecoin monitoring project and will place a greater emphasis on CBDC experiments. According to the most recent
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