Central Bank Digital Currencies
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SWIFT Unveiling a New CBDC by 2025
SWIFT, an international bank messaging network, is planning a new platform in the next 12 to 24 months to link…
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HSBC Unveils Tokenized Gold Targeting Hong Kong-based Retail Customers
HSBC is responding positively to the Hong Kong government’s call for public access to digital assets by unveiling tokenized gold…
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Hong Kong Launches Phase 2 of CBDC Testing
The Central Bank of Hong Kong is set to accept proposals regarding innovative use cases for the Hong Kong dollar.…
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US Senators Prefer Crypto Bank Custody Over CBDCs
Five senators have formed an alliance to halt the plans of the Biden administration for launching CBDCs. This group of…
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Senate Republicans Vow to Oppose Federal Reserve Creating CBDC
The conservative lawmakers comprising Republicans in the Senate affirmed their support for the anti-central bank digital currency. The Grand Old…
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Ripple’s CTO David Schwartz Unveils Vision for Expanded Use Cases
In a recent interview with Ripple’s Chief Technology Officer (CTO), David Schwartz, he unveiled ambitious plans to extend its reach…
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Central Banks in the EU Allegedly Conspire to Suppress Bitcoin, Research Shows
A new study spearheaded by Daniel Batten, a climate activist and managing partner at CH4 Capital, has unearthed evidence suggesting…
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China Suspends Restricted Shares Lending to Eradicate Short-Selling and Stock Market Turbulence
On Monday, January 29, the China Securities Regulatory Commission declared the suspension of restricted shares’ lending to avert short-selling. The…
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18 US Senators Support Coinbase’s Crypto Lobby Group
Coinbase’s Stand with Crypto advocacy group recently published a report noting that at present there are 18 US Senators in…
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BIS Unveils Its Plans for CBDC and Tokenization
The Bank for International Settlement (BIS) has launched 6 new projects for 2024. Some of these projects deal with cybersecurity…
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CBDC Ban Proponent Ron DeSantis Terminates US Presidential Race
The Republican presidential hopeful Ron DeSantis announced his decision to terminate presidential campaign on Sunday January 21. The 46th Governor…
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Representative Tom Emmer and Donald Trump Oppose CBDCs Due to Privacy Concerns
Tom Emmer and Donald Trump are top Republican representatives who have shared concerns regarding CBDCs. The reps say that a…
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Bitcoin May Not Become a Currency, Says BlackRock CEO
Larry Fink, CEO of BlackRock, recently noted that Bitcoin may not become a currency for everyday utility. He also stated…
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Industry Leaders Envisage cNGN Adoption to Outpace eNaira
As Nigeria seeks to become the go-to destination for crypto firms in Africa, local companies have stepped up to support…
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Spain’s Central Bank Picks Partners for Wholesale CBDC Testing
Banco de Espana, the central bank of Spain, has recently selected three blockchain firms out of 24 applicants. The federal…
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Turkey Picks Crypto Professor for Central Bank Board
Turkey’s government is taking another step towards blockchain acceptance. President Erdogan recently appointed a Marmara University lecturer as one of…
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