CBDC
CBDCs are Different from Cryptocurrencies; Says IMF Executive
IMF Executive spoke to Shekhar Gupta and Sharad Raghavan at The Print’s ‘Off The Cuff’ show. He lectured on the necessity of distinguishing between cryptocurrencies…
Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks
Jim Cramer advised investors to get out of crypto. The CNBC host also warned about Chinese stocks. Cramer believes that investments in traditional stocks and…
Russian Federation Codifies Digital Ruble as the Official Currency
A bill on the issuance and the use of digital rubles has been submitted by a group of deputies headed by Anatoly Aksakov to the…
Crypto Influencer BitBoy Says ‘CBDC is already here, It’s $USDC’
BitBoy talks about the ushering of USDC, by the people who use CBDCs. After sanctioning Maduro’s regime, the US government seized assets intended for his…
Nigeria, Turkey, India, Have Largest Adult Population Trading Crypto
More than half of Nigeria and Turkey's adult populations trade cryptocurrency monthly. India has 300 million people in crypto, representing 29% of India’s adult population.…
RBI Governor: The Next Financial Crisis Will Be Due to Cryptos
Governor Shaktikanta Das says crypto poses risks for financial stability. He adds that the valuation of crypto has gone down from 190 to 140 billion.…
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
BIS has released its Prudential Treatment of Crypto Asset exposure report for December 2022. From Jan 1 2025, banks can hold 2% of their reserves…
Nigerian Central Bank To Boost CBDC Use by Limiting Fiat Use
Nigerian central bank reduces ATM cash withdrawal limit to boost e-Naira.Withdrawal limit has been reduced from $337 to $45.Nigerian government is looking to tax cryptocurrencies.…
Perry Warjiyo Announces the Use of Indonesia’s CBDC in Metaverse
Perry Warjiyo announced that BI’s digital currency can be used in the metaverse.Last week, BI launched the design for its digital currency following the trend…
Indian Apex Bank Invites Eight Monetary Firms for CBDC Pilot Stage
The Indian central bank will commence the first pilot digital rupee tomorrow. The pilot will test the robustness of digital rupee creation and distribution. The…
