INDIA EMPOWERS NON-PAYMENT OPERATORS TO OFFER CBDC WALLETS
Fed’s Powell allays digital dollar anxiety as nations ramp up CBDC efforts
The U.S. Federal Reserve isn’t “remotely close” to launching a CBDC, which it can’t do without Congress, says Federal Reserve chair Jerome Powell.
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC).
China warns of counterfeit digital yuan app scam
The Chinese government alerts citizens to a fraudulent app imitating the official digital yuan platform.
Texas Senator Ted Cruz Launches New Legislation To Ban Central Bank Digital Currencies (CBDCs)
Republican senator Ted Cruz is continuing to press for the US government to ban central bank digital currencies (CBDCs).
China's CBDC can now be used for car pre-purchase payments In Shenzhen.
CONGRESSMAN DAVIDSON LEADS THE CHARGE AGAINST CBDCS
- Davidson warns: that CBDCs threaten Western civilization.
- House committee moves to ban CBDCs, echoing Davidson.
- CBDC debate escalates; Davidson leads opposition.
Japan and South Korea want more control over crypto transactions: Law Decoded
Japan might compromise P2P transactions in crypto, South Korea will freeze any suspicious transactions, and the Philippines plans to introduce CBDC in two years.
Philippines may introduce non-blockchain CBDC in the next two years
According to the official, the CBDC “will definitely happen” within his term as governor
The Central Bank of Belarus thinks its new CBDC will let Minsk 'decentralize cross-border trade' and has earmarked a national rollout for 2026.
Looks like the support for Russia's pilot CBDC is growing.
Accordingly, 17 more banks have signed the agreement with the Bank of Russia to participate in the digital ruble program, joining 13 other banks, about 600 citizens, and 30 trading and service companies that are already testing Russia’s central bank digital currency.
🧵1 Recently, the United Arab Emirates has completed its transaction process in China through its own digital currency, the dirham. #outreach #threadstorm #cbdc #uae
Donald Trump vows to ‘never allow’ creation of a CBDC in the United States U.S. presidential candidate and former president Donald Trump vowed to “never allow” the Fed to create a CBDC.
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Do you know? Mastercard is exploring CBDC, and they also partnered with 7 leading Blockchain Projects to pursue it further. This will bring next level of payment experience for CBDC users in future.
🔴🟡 MasterCard introduces a #crypto forum to foster CBDC innovation with Ripple and ConsenSys.
