Tag Archives: CBDC

CoinspeakerPhilippines Plans to Launch CBDC by 2026, but There’s One Catch The Philippines might be setting out on its CBDC journey a bit differently from many others. Philippines Plans to Launch CBDC by 2026, but There’s One Catch

CoinspeakerDonald Trump Tokens Rise 100% after Crypto Fund Touts Their Possible Spike This Year According to the crypto exec, Trump's campaign and court cases will pump the tokens regardless of the election outcome. Donald Trump Tokens Rise 100% after Crypto Fund Touts Their Possible Spike This Year

CoinspeakerSouth Korean Regulators to Consult SEC on Bitcoin ETFs The meeting with the SEC is now another step in South Korea's journey of developing its local crypto economy. South Korean Regulators to Consult SEC on Bitcoin ETFs

On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever cross-border payment using the UAE Central Bank’s digital currency, the ‘Digital Dirham.’ The transaction, amounting to Dh50 million, was executed through the innovative ‘mBridge‘ platform, connecting the UAE directly with China. UAE’s Historic Cross-Border Transfer The historic cross-border transfer to China took...

CoinspeakerRobert F. Kennedy Jr and Donald Trump Take Similar Position about CBDC in US Kennedy expressed his concerns about the potential infringement on civil liberties that comes with the ability to monitor every transaction. Robert F. Kennedy Jr and Donald Trump Take Similar Position about CBDC in US

CoinspeakerCoinbase Crypto Advocacy Group: 18 US Senators Openly Support Crypto Cryptocurrency has been a major point of discussion in politics lately, with experts stating that the crypto community stands to play a significant role in elections. Coinbase Crypto Advocacy Group: 18 US Senators Openly Support Crypto

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential impact on the U.S. dollar’s global dominance. Peel highlights that the rising interest surrounding assets such as Bitcoin, the surge in stablecoin volumes, and the emergence of Central Bank Digital Currencies (CBDCs) pose a significant challenge to the traditional role of the...

The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...

The head of Franklin Templeton’s digital asset and industry advisory services sees ongoing adoption of BTC by nation-states and emphasizes its potential to surpass CBDCs in efficiency for national treasuries. A strategist from Franklin Templeton, a global investment firm, predicts a future where every national treasury holds Bitcoin (BTC), envisioning the cryptocurrency becoming the fundamental unit of trade. Sandy Kaul, the head of Franklin Templeton’s digital asset and industry advisory...

Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector...