CBDC

Robert Kennedy Jr. on Tuesday reiterated his support for Bitcoin (CRYPTO: BTC).  What Happened: Kennedy in a Twitter post said that if he is elected as president, he would prioritize safeguarding individuals’ right to use and hold Bitcoin, hailing the cryptocurrency as a defense against...

In a recent announcement at the Point Zero Conference in Zurich, Thomas Jordan, the President of the Swiss National Bank (SNB), disclosed plans for the launch of a self-backed CBDC. The SNB intends to conduct a pilot project by listing this digital currency on the digital market...

In a bid to promote financial freedom and innovation, U.S. presidential candidates from different parties are throwing their weight behind Bitcoin (CRYPTO: BTC) and related technologies. Democrat candidate Robert F. Kennedy Jr., in an interview with The New York Post, pledged his commitment to...

International Monetary Fund Managing Director Kristalina Georgieva has reportedly said the fund is working on a platform for central bank digital currencies (CBDCs) to enable transactions between countries. “CBDCs should not be fragmented national propositions… To have more efficient...

The Assistant Secretary for Financial Institutions, Graham Steele, delivered remarks on the digitization of financial services at the Transform Payments USA Conference. His views were yet more confirmation that central bank digital currency (CBDC) are top-of-mind among the central...

Bitcoin (CRYPTO: BTC) advocates have dreamed for years of a world where Bitcoin becomes the world’s reserve currency. It’s easy to see why— if Bitcoin had as big a share of global currency markets as the US dollar, it would mean a Bitcoin price of over $2 million USD. ...

CBDC is a digital form of a country’s sovereign currency designed to function as a digital equivalent of traditional banknotes and coins. More than 100 countries today are exploring the potential launch of a CDBC, while ten countries have already launched their digital currencies.  The...

According to recent polls conducted by the Cato Institute, an overwhelming majority of Americans are not in favor of adopting a Central Bank Digital Currency (CBDC). Only 16% of respondents expressed support for a digital dollar, while 34% opposed its adoption. The remaining 49% of...

In an ambitious leap towards digital finance, Brazil's Central Bank set plans in motion to test its central bank digital currency (CBDC) platform, known as the digital real. To ensure a robust trial phase, a diverse array of local and international entities have been selected as...

Florida Governor Ron DeSantis joined Elon Musk on a Twitter Spaces Wednesday night, where he announced that he is running for president. What Happened: DeSantis in a virtual conversation moderated by entrepreneur David Sacks also spoke on Bitcoin (CRYPTO: BTC), the digital dollar, and even a...

Robert F. Kennedy Jr., a 2024 Democratic Party presidential candidate, known for his advocacy for digital assets, recently shared his progressive views on Bitcoin (CRYPTO: BTC), saying that he considers the world's largest cryptocurrency to be not just a form of currency, but a democratic...

Florida Governor Ron DeSantis recently signed a bill that outlawed the use of central bank digital currencies (CBDCs) in Florida. What Happened: It seems that other states may follow in his footsteps. Here's a look at all states opposing CBDC. Texas lawmakers have drafted a bill called “...

Kristalina Georgieva, a managing director at the International Monetary Fund (IMF), believes that central bank digital currencies (CBDC) are the future of money. However, she also admits (in not so many words) that the ecosystem is a giant experiment with an aggregate outcome that is...

Florida Governor Ron DeSantis, on Tuesday, unveiled a series of state legislative proposals aimed at combating “woke politics,” while also defending cryptocurrency as a whole.  What Happened: DeSantis claimed that political adversaries dislike cryptocurrency because they cannot...

A British legislator has suggested that the United Kingdom may establish digital asset regulations within a year in order to take advantage of the potential benefits that blockchain technology could provide for the private sector and the overall economy. During an interview with CNBC on April 17,...