Category: Central Bank Digital Currency (CBDC)

GENIUS Act clears path for bank-run blockchains

GENIUS Act Clears Path for Bank-Run Blockchains In a groundbreaking move, the United States has passed the GENIUS Act, a law that paves the way for banks to issue stablecoins and operate blockchain networks. This significant development holds the potential to revolutionize the financial industry by offering clients faster and more regulated payment options. The […]

China pushes global use of digital yuan

China Pushes Global Use of Digital Yuan In a bold move to reshape the landscape of global finance, Beijing is actively promoting the adoption of the digital yuan on an international scale. With a clear strategic vision in mind, China aims to establish a multipolar currency model that would lessen the world’s reliance on traditional […]

Senate passes the GENIUS Act to regulate stablecoins

Senate Passes the GENIUS Act to Regulate Stablecoins The United States Senate recently made a groundbreaking decision by passing the GENIUS Act, a significant piece of legislation aimed at regulating stablecoins. This move comes in response to the growing popularity of stablecoins in the digital currency market and the need to establish clear guidelines to […]

Bank of America prepares for dollar stablecoin

Bank of America Prepares for Dollar Stablecoin Regulatory clarity is shaping the next steps for major banks entering the stablecoin market. As one of the largest financial institutions in the United States, Bank of America is gearing up to launch its own dollar-pegged stablecoin. This move comes as no surprise, considering the increasing interest in […]

Milei cleared of ethics breach over LIBRA token post

Milei Cleared of Ethics Breach Over LIBRA Token Post Argentinian politician, Javier Milei, has recently been cleared of an ethics breach related to a controversial post about the LIBRA token. The post in question sparked a wave of scrutiny and debate, leading to an investigation by ethics officials. Despite the initial uproar, Milei has been […]

Europe’s digital euro ambitions: A bid for global currency influence

Europe’s Digital Euro Ambitions: A Bid for Global Currency Influence In the realm of global finance, power dynamics are constantly shifting, creating opportunities for regions to redefine their roles and influence. Europe, a continent rich in history and tradition, is now eyeing a bold move that could potentially reshape its position on the world stage […]

India explores new digital rupee features for wider use

India Explores New Digital Rupee Features for Wider Use In a groundbreaking move towards embracing digital currency, India has embarked on a journey to explore new features for the digital rupee, aiming to enhance its accessibility and usability among the masses. The country’s retail digital rupee pilot, which currently boasts a user base of 600,000 […]

Kazakhstan unveils plans for crypto-friendly city

Kazakhstan’s Bold Move: Unveiling Plans for a Crypto-Friendly City In a groundbreaking move, the Kazakhstani government has announced plans to establish a new digital hub that will embrace regulated cryptocurrency circulation. This strategic initiative is aimed at fostering blockchain adoption and positioning Kazakhstan as a key player in the ever-expanding world of digital currencies. The […]

Trump says America needs crypto to stay ahead

Trump Says America Needs Crypto to Stay Ahead Former President Donald Trump has been making headlines recently for his bold statements about the future of cryptocurrency in the United States. Despite facing criticism over his family’s ties to the crypto world, Trump has remained steadfast in his belief that America needs to embrace this digital […]

Trump Media may launch a crypto wallet and token

Trump Media Considers Integrating Crypto Wallet and Token for Truth Social Platform Former President Donald Trump’s media venture, Trump Media, is making waves in the digital world once again. The latest buzz surrounds the potential integration of a crypto wallet and token within its Truth Social platform. This move could revolutionize the way users engage […]

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