Obviously, the idea central banks could deliver UBI using a CBDC isn’t going to please those who think central banks shouldn’t exist and money should be entirely decentralized.

A CBDC normally would be issued by a nation's central bank. The US Federal Reserve is investigating the pros and cons of creating one. Biden's order urges the Fed to accelerate its research and ...

Now, the United States is the latest to signal “urgency” in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC. CNN values your feedback 1.

Conservatives are trying to tie a vote on Rep. Emmer’s (R-MN) anti-CBDC bill to broader cryptocurrency legislation. A CBDC ban shouldn't be a partisan issue.

Wholesale CBDC yet to click with traders, market participants The RBI launched the wholesale pilot of CBDC on November 1, 2022, to settle G-Secs trades using the digital rupee Manish M. Suvarna ...

Fortunately, Maj. Whip Tom Emmer (R-MN) and his Financial Services colleagues are trying to prevent the Fed from issuing a retail CBDC. Biden and Trump have done little more than carry on traditions.

But a flurry of tests near the end of the year suggest CBDC initiatives are improving their pace, as central banks try to determine the impact on traditional banking and payment systems. About a dozen ...

UBI, with its promise of fixed income for all, irrespective of employment status, emerges not just as an economic folly, but a direct affront to the principles of liberty.

A CBDC is not really going to help Russia evade sanctions. Russian citizens already have access to digital rubles in the form of bank accounts, just like we do.

That much should be clear from the abysmal adoption rate in Nigeria, where less than 0.5 % of Nigerians have used the CBDC. To put that number into perspective, more than 50% of Nigerians have ...