Category: CBDC
CBDC – Central Bank Digital Currency
Will The UK Parliament Approve CBDC’s Rollout? What To Know
Amid rapid development in the digital currency landscape, legislators in the British House of Commons are mulling over the introduction of a retail digital pound….
Central Bank Digital Currencies (CBDCs) And Cryptocurrencies: Understanding The Differences
In the ever-evolving landscape of global finance, digital currencies have become more prominent, attracting millions of users and investors. While stalwarts like Bitcoin, Ethereum, and…
BoK And BIS Collaborate On Wholesale CBDC Trials
Bank Of Korea’s Wholesale CBDC Trial The Bank of Korea (BoK) has unveiled its plan to embark on a wholesale central bank digital currency (CBDC)…
Retail Vs Wholesale CBDCs: Major Differences
Introduction CBDC is a term that is heard everywhere these days from political forums, to talk shows, to social media platforms. This article is all…
Understanding Crypto Payments: Guide for Beginners
Introduction Due to the popularity of blockchain technology, it is possible to make instant payments using cryptocurrencies. This article is all about basics and crypto…
Mastercard Collaborates With Ripple And Consensys To Revolutionize CBDCs
Following recent collaborative efforts, Mastercard is embarking on a transformative journey to reshape the future of Central Bank Digital Currencies (CBDCs). Mastercard’s partnerships with Ripple…
Exploring Global Web3 Adoptability Across Cultural Landscapes
Even though cryptocurrencies were created to solve various issues in conventional banking systems, there have been several intersections between these digital assets and fiat currencies….
Uzbekistan Expands Crypto Adoption, Approves New Crypto Payment License
Uzbekistan has demonstrated the country’s eagerness to implement a novel regulatory framework for cryptocurrencies. In 2022, the Central Asian nation marked a significant milestone by…
What is Ripple (XRP)? Exploring Its Advantages
Introduction The blockchain sector is filled with unique projects that differ on a fundamental level from their counterparts. This article explores one such prominent cryptocurrency…
Israel Proposes New Legislation To Exempt Foreigners From Crypto Tax
A new development has emerged in Israel, as foreign residents may soon be exempted from capital gains taxes when making digital currency transactions. The promising…
Ripple And Colombia’s Central Bank Partner To Expand Blockchain Adoption
One of the world’s leading blockchain firms and developers of XRP Ledger (XRPL) technology, Ripple, has announced a new partnership with Banco de la República,…
Ripple To Showcase New CBDC Product at Hong Kong’s e-HKD Pilot Program
Ripple will make its mark in the Hong Kong Monetary Authority’s (HKMA) groundbreaking pilot program for the digital Hong Kong dollar (e-HKD). The highlight of…
A Beginner’s Guide To Security Tokens
Introduction Blockchain is a disruptive technology that is not only used for the decentralized financial sector alone. It is adopted by governments and private enterprises…
New York Attorney General Wants State Regulators To Oversee Crypto
Media sources report that the Attorney General of New York, Letitia James, recently introduced a bill to increase the New York Department of Financial Services’…
Texas Policymakers Introduce New Plans For A Gold-backed Crypto
The policymakers in Texas have proposed an exclusive innovation with which the crypto industry could get revolutionized. They have suggested the development of a digital…
G-7 Members Plans to Support Developing Countries to Launch CBDC
A report from the Group of Seven (G-7) members confirmed that central banks from third world countries will receive support in developing digital fiat. Speaking…
UAE Central Bank Reconsiders It’s Digital Currency Strategy, Collaborates With Major Industries
A significant industrial partnership that will strengthen the Central Bank of the United Arab Emirates (CBUAE) Central Bank Digital Currency (CBDC) policy has been revealed….
Australian Bank ANZ Suspending Cash Withdrawals and Deposits
An official announcement from the leading financial provider in Australia, ANZ, revealed that the bank would suspend cash-related withdrawals and deposits in some branches. Ranking…
Binance Team Accused of Violating Chinese Crypto Laws
On March 23, the Chinese regulators accused the largest crypto exchange Binance of violating the crypto laws. China ranks among the top anti-crypto countries, and…
Crypto Has No Fundamental Value – US 2023 Economic Report
In its 2023 economic report, the US White House presented several arguments against crypto assets. The White House asserted that they are primarily speculative investment…
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