U.S. Treasury Secretary Rules Out Digital Dollar Launch
The current U.S. administration will not allow the introduction of a central bank digital currency (CBDC), according to Treasury Secretary Scott Bessent.
U.S. Treasury Secretary Rules Out Digital Dollar Launch
The current U.S. administration will not allow the introduction of a central bank digital currency (CBDC), according to Treasury Secretary Scott Bessent.
Economist Warns of Currency System Collapse and Dangers of CBDCs
German economist Richard Werner declared the inevitability of a new global financial crisis and the authorities' plans to use CBDCs as a tool for total control.
ECB Selects Payment Standards for Digital Euro
The European Central Bank (ECB) has taken another step towards launching the digital euro by signing agreements with three European payment standardisation organisations.
India’s Central Bank Proposes Linking BRICS Digital Currencies
The Reserve Bank of India (RBI) has advised the government to include a proposal for linking the CBDCs of BRICS member countries in the summit agenda. This was reported by Reuters, citing its own sources.
Italian Banks Endorse Digital Euro with Investment Concerns
Italian banking institutions support the ECB's digital euro project but seek a more gradual investment approach.
Kyrgyzstan Plans Launch of Stablecoin and CBDC
Kyrgyzstan is set to release a som-pegged stablecoin, KGST, on the BNB Chain blockchain. The country is also preparing to test CBDC, announced President Sadyr Japarov.
Former Ripple Executive Discusses CBDC Projects’ Impact on XRPL
Participation in pilot projects for national digital currencies has enabled Ripple to better understand the needs of central banks and the role of commercial institutions, according to former company advisor on CBDC, Antony Welfare.
China Promotes Global Use of Digital Yuan
The People's Bank of China (PBOC) has officially launched the International Digital Yuan Operations Centre in Shanghai, as reported by Xinhua News Agency.
EU Ministers Agree on Digital Euro Framework
Finance ministers from EU countries have reached a compromise on key aspects of the digital euro. The project is positioned as a strategic alternative to payment systems like Visa and Mastercard.
Aksakov Receives First Salary in Digital Rubles
The first salary in digital rubles has been paid in Russia. The recipient was Anatoly Aksakov, chairman of the Duma Committee on Financial Markets.
US House folds CBDC ban into 2026 defence bill
US lawmakers inserted a ban on issuing a central bank digital currency (the Anti-CBDC Act) into the draft defence budget for 2026.
UAE cements its position in digital finance and PropTech
The UAE central bank reported progress on the digital dirham. PropTech is expanding: by 2030 the market is set to grow from $0.61bn to $1.55bn. The UAE and Saudi Arabia are scaling talent and investment, building a Web3/smart‑city ecosystem. The United Arab Emirates is pressing ahead with the digital overhaul of its economy, advancing two […]We use cookies to improve the quality of our service.
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