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
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 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
Blockdata Published a Report About the State of CBDC in 2022
According to the latest report by Blockdata, stakeholders are opposed to CBDC for several reasons.
The New York FED Will Launch a CBDC in Partnership with Mastercard, Wells Fargo, and Citigroup
The New York Fed has announced that some global banks have partnered to implement a 12-week trial program of CBDC (Central Bank Digital Currency).
Binance CEO: CBDCs Don’t Harm Crypto
Digital currencies issued by central banks do not pose any threat to crypto, according to Binance CEO Changpeng Zhao.
Chinese CBDC Transaction Volume Breaches $14B Mark: Report
The Chinese Central Bank Digital Currency (CBDC), e-CNY, has become the largest adopted CBDC in the world surpassing nearly $14 billion, or 100.04 billion yuan transactions
America Bitcoin Think Tank Believes CBDC is a Threat
A recent article published by the Bitcoin Think Tank states that Central Bank Digital Currencies pose a serious risk to the future of individual and economic
CBDC may be Used as Settlement Tool Between Russia and China
A senior Russian senator said that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it
Australia Will Test CBDC Project eAUD in Mid 2023
Australia is the latest country to show its intention of launching an in-house central bank digital currency (CBDC) in the coming year. In a recent development,
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