Five U.S. Senators, including Ted Cruz and Rick Scott, oppose the Biden administration's "digital dollar" plans, fearing privacy violations. The CBDC Anti-Surveillance State Act aims to ban central bank digital…
Hong Kong is spearheading the development of a digital Hong Kong Dollar and exploring connections with the Chinese digital yuan. With plans for cross-border integration and innovative retail uses, Hong…
A group of US senators including Ted Cruz and Rick Scott introduced a bill to block the issuance of a digital dollar by the Federal Reserve due to concerns about…
CBDC, or Central Bank Digital Currency, is a pivotal development in the financial sector. India is considering its implementation to modernize payment systems and enhance monetary control. With wholesale and…
Republican Senators, led by Ted Cruz, oppose the introduction of Central Bank Digital Currency to prevent a "surveillance state." They plan to present a bill limiting the Federal Reserve's authority…
The De Nederlandsche Bank study explores the implications of Central Bank Digital Currency (CBDC) on the financial system. It highlights risks of high demand causing disruptions and proposes ownership limits…
St. Gallen in Switzerland is set to issue a $113 million digital bond on the SIX Digital Exchange (SDX), part of ongoing experiments with digital assets in Switzerland. The project…
The European Parliament backs the digital euro, paving the way for its recognition as a payment method. Support comes from various political parties, marking a significant shift in mood. However,…
Bitcoin's price surpasses $50,000, impacting the cryptocurrency market. Biden administration declares a state of emergency on digital currencies. Forecasts predict $100,000 per Bitcoin in 2024, with potential ETF introductions. Bitcoin…
Discover the latest trends shaping the financial world in 2024, with a focus on central bank innovations and digital security measures. Learn about Saudi Arabia's leading role in financial innovation…