U.S. House of Representatives passes Bill H.R. 5403 to block unauthorized Central Bank Digital Currency creation. Sponsored by Tom Emmer, the bill safeguards financial privacy by preventing unelected officials from…
The United States House of Representatives rejects government-backed digital currency emissions and emphasizes monetary privacy concerns. Bipartisan support for precise frameworks on digital currency regulation, including bans on CBDC pilots…
The US House of Representatives passes a bill against Central Bank Digital Currency (CBDC), stressing American financial values and privacy protection. Republicans support regulatory changes for cryptoassets, while Democrats see…
People's Bank of China advances central bank digital currency project, enhancing fast payments through e-CNY integration in Hong Kong. Interoperability milestone achieved by connecting payment system with CBDC, fostering financial…
Chinese population shows limited interest in the digital yuan, as observed in a report by South China Morning Post. Despite significant e-CNY transactions, citizens prefer converting them to physical yuan.…
Challenges and developments in China's digital yuan project, including concerns about low adoption among state employees, high transaction values, and privacy issues. Despite obstacles, the Chinese government emphasizes privacy protection…
Kazakhstan launches Digital Tenge, its Central Bank Digital Currency (CBDC), with innovative payment services and bank partnerships, benefiting over 20 million inhabitants. Altyn Bank, Eurasian Bank, and Halyk Bank adopt…
China tests digital yuan (e-CNY) for state employees in a pilot program, emphasizing benefits like efficiency and control. Despite concerns over acceptance, China plans to enhance transparency and address privacy…
Chinese investors in China exchange digital CBDC yuan for physical cash due to privacy and surveillance concerns. Despite transactions worth over 250 billion dollars, the preference for cash persists. Initiatives…
Charles Hoskinson speaks out against Central Bank Digital Currencies, causing a stir in the cryptocurrency world. His views on social contracts and the impact of CBDC adoption have sparked debates.…