Category: CBDC
CBDC – Central Bank Digital Currency
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Indonesia’s Regulatory Agency Proposes Taxation Changes for Cryptocurrencies
The Commodity and Futures Trading Regulatory Agency has initiated the request to revise taxation policies for cryptocurrencies. The federal regulatory authority of Indonesia noted that…
US Senators Raise Voice Against Joe Biden’s CBDC Plans
An alliance of 5 Senators in the United States recently submitted opposition against the digital USD plans of the Federal Reserve. The group of senators…
All You Need To Know About Nigeria’s eNaira CBDC
What is CBDC? CBDCs stand for Central Bank Digital Currencies. CBDCs are a type of cryptocurrency that is issued on blockchain networks. A mainstream cryptocurrency…
All You Need To Know About Digital Euro
What is the Digital Euro? Bitcoin started out in 2008 as the flagship cryptocurrency. Since the inception of decentralized networks, federal governments have decided to…
Ripple Labs’ 310 Million XRP Unlock Sparks Reaction: Here’s Why
Ripple Labs’ surprise unlocking of 310 million XRP tokens from its escrow wallet has signaled a substantial shift in the XRP market. Accordingly, the remaining…
A Guide To Online And Offline CBDCs: What To Know
Over the years, there have been numerous efforts by countries in exploring and engaging with central bank digital currencies (CBDCs) technology. The move indicates a…
Online Vs Offline CBDCs: All You Need To Know
What is a CBDC? CBDC is an abbreviated form of Central Bank Digital Currencies. Blockchain sector has introduced decentralized financial networks meaning that people are…
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…
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