US Treasury Department sanctions Informatics Services Corporation, owned by Central Bank of Iran, to curb its Central Bank Digital Currency. Sanctions also imposed on Dubai and Turkish companies aiding ISC,…
The Central Bank of the Philippines plans to launch a Central Bank Digital Currency (CBDC) within two years. The initiative aims to modernize the financial sector with innovative payment solutions.…
Federal Reserve Governor Christopher Waller addresses the stability of the US dollar amidst rising cryptocurrency popularity and the approval of new Bitcoin Spot ETFs. His reflections on the enduring strength…
The Central Bank of Russia is considering changing its approach to investing in cryptocurrencies, signaling a shift towards legalizing such investments. Data indicates a rise in financial fraud cases involving…
The Philippines is set to introduce a wholesale Central Bank Digital Currency (CBDC) within two years, focusing on enhancing financial transaction efficiency and security. The BSP Governor announced the decision,…
Jerome Powell emphasizes the need for legislation on stable cryptocurrencies, like stablecoins, during a meeting with the House Financial Services Committee. The regulation of cryptocurrencies, including Central Bank Digital Currencies…
Brian Nelson, Deputy Under Secretary for Terrorism and Financial Intelligence, challenges the notion that cryptocurrencies are terrorists' preferred funding method. Recent reports indicated large sums transferred to Palestinian groups, prompting…
Central Bank Digital Currencies (CBDC) are a new trend in central banking, sparking debates on privacy and financial control. Learn about CBDC, its differences from traditional currencies, and its implications…
Jerome Powell meets with Democrats in the House of Representatives to discuss the regulation of stablecoins and the potential introduction of a central bank digital dollar (CBDC). The Federal Reserve…
Central Bank Digital Currencies (CBDC) are being increasingly explored by central banks worldwide as a potential evolution of traditional payment methods, with some countries like Nigeria, the Bahamas, and China…