Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...
This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or ... Earlier this week, President ...
The executive order banning CBDC defines it as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.” ...
Russia completed the first phase of digital ruble testing in late 2024. The finance ministry says a full-scale CBDC pilot will begin in July 2025, ...
The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).
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Yes Bank has been selected as the primary sponsor bank to facilitate the issuance of the CBDC for both of these third-party ...
Central Bank Digital Currencies (CBDC) will likely need to replace stablecoins as the primary form of digital currency underpinning tokenized transactions.” If Bressent is confirmed as Treasury ...
This launch follows RBI's announcement in April 224, which proposed extending CBDC to a broader user base. While Cred has introduced a beta version of its e₹ wallet for a select group of users, ...
MobiKwik is now scaling its CBDC project and has launched a full-fledged e-rupee (e₹) acceptance in partnership with the Reserve Bank of India (RBI) and YES BANK. With this, MobiKwik has becom ...
Texas Senator Ted Cruz has joined a growing group of politicians who have come out in support of anti-CBDC bills, reintroducing legislation ... In his opinion, the response to House Bill 1193 did not ...
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