CBDC
XRP Holders Defensive About Ripple’s CBDC Work: Congressman
Congressman Warren Davidson claimed XRP holders were defensive about Ripple’s work on Central Bank Digital Currency (CBDC). Some of Davidson’s recent comments sparked outrage among…
Canadians Show Reluctance to Embrace CBDC at Scale: Bank of Canada
Bank of Canada reveals most Canadians are not enthusiastic about CBDC adoption. Canadians have diverse payment methods, limiting CBDC appeal. Majority's role crucial for CBDC…
Nigeria Declares Binance ‘Illegal’ in the Country, Warns Public on Crypto
Nigeria's SEC declares Binance's operations illegal in the country, along with other unregistered crypto platforms. The SEC issues a notice ordering all crypto platform providers…
China’s Digital Yuan ‘e-CNY’ Close to $250 Billion Milestone
Transactions with China’s digital yuan hit almost $250 billion in June 2023. Since August 2022, the amount of transactions has increased by 13%. Although the…
US Presidential Candidate Ron DeSantis Vows to Ban CBDC ‘On Day One’
Ron DeSantis pledges to ban central bank digital currencies (CBDC) if elected. He cited concerns about their potential misuse and threat to American liberty. DeSantis…
Crypto Skeptic Raises Arguments Against the Creation of CBDCs
Former SEC official John Reed Stark highlighted the challenges posed by CBDCs. Comparing traditional financial institutions and crypto exchanges, he argued that the former is…
Ripple Debunks 5 Common Crypto Myths, Stressing Real-world Utility
Ripple proactively addresses and debunks common crypto myths. The firm promotes a better understanding of crypto potential in the real-world. Major brands like PayPal and…
Study Shows 98% of Global Economy are Exploring CBDC Versions
All the G20 countries except Argentina are developing a Central Bank Digital Currency. According to research, 98% of the global economy are now exploring digital…
India’s Central Bank Targets One Million Digital Rupee Users in June
RBI plans to achieve one million digital rupee users by June's end. The digital rupee pilot has gradually been rolled out across India. There is…
HK Commences e-HKD Pilot Program For Retail CBDC Development
The Hong Kong Monetary Authority has announced the commencement of its e-HKD pilot program. The program is part of a broader plan by the HKMA…
