Arthur Hayes calls central bank digital currencies ‘pure evil’
Former BitMEX CEO Arthur Hayes called CBDCs an ideal tool for governments and an assault on sovereignty over peer-to-peer transactions.
Arthur Hayes calls central bank digital currencies ‘pure evil’
Former BitMEX CEO Arthur Hayes called CBDCs an ideal tool for governments and an assault on sovereignty over peer-to-peer transactions.
Bankruptcy petition filed against developer of Russia’s ‘national digital currency’
A bankruptcy petition has been filed against Take Wing, a company partly owned by Ruslan Glazyev, son of former State Duma deputy Sergei Glazyev.
India to test digital rupee in November
On November 1, the Reserve Bank of India will launch the pilot of the national digital currency in wholesale markets. Mass retail testing will begin within a month.
Bank of Thailand delays retail CBDC launch timeline
The retail digital baht should show additional benefits for the financial system under prudent risk management. This was stated by Thailand's central bank governor Setaput Sutivartnarueput, The Bangkok Post reports.
Kazakhstan’s central bank to test BNB Chain for its CBDC
The National Bank of Kazakhstan (NBK) will test BNB Chain from Binance to deploy a national digital currency.
Turkish central bank to consider launch of CBDC in 2023
Turkey's presidential program for 2023 includes a plan to prepare for the launch of the digital lira. CoinDesk reports, citing the Government Strategy and Budget Office.
Japan to test payment cards for CBDC
The largest payments system in Japan, JCB, in collaboration with IDEMIA and Softspace, will test the possibility of using existing credit-card infrastructure for CBDC payments.
In China, researchers propose an ‘Asian digital currency’ as a counterweight to the dollar
Researchers from a Chinese state institution floated the idea of a pan-Asian digital currency to reduce the region's economies' reliance on the U.S. dollar. SCMP reports.
e-CNY transaction volume tops $14 billion
By the end of summer 2022, the cumulative volume of e-CNY transactions reached 100.04 billion yuan (about $14 billion), according to the People's Bank of China.
Michael Saylor questions the prospects for national digital currencies
Central bank digital currencies are unstable and doomed to fail, and the first cryptocurrency is destined to become the best form of money due to its scarcity in terms of time and energy. This was stated by former MicroStrategy chief and Bitcoin maximalist Michael Saylor.We use cookies to improve the quality of our service.
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