CBDC

To freeze or drain accounts at will, according to blockchain developer Pedro Magalhes, who claims to have reverse-engineered Brazil's prototype CBDC. Claiming to have reverse-engineered…

Most people in the country with the second-largest economy in North America are ready to put their faith in a digital currency issued by the country's central bank. WealthRocket…

The Bank for International Settlements (BIS), an organisation representing central banks worldwide, has published a plan to develop central bank digital currencies (CBDCs). The BIS uses…

A representative from West Virginia's second congressional district has introduced new legislation to prevent the Federal Reserve from conducting trials by deploying a central bank digital…

Companies both at home and abroad are expected to take part in the digital currency (CBDC) pilot project being run by the Brazilian central bank. The applicants to the CBDC pilot project…

Ripple has emerged as a disruptive force in the blockchain and financial technology industries. Ripple's innovative approach to digital payments and remittances has changed the…

Offline CBDC payments using Galaxy smartphones and watches will soon be possible thanks to a partnership between the Bank of Korea and Samsung. According to a news statement from the…

This new legislation, signed by Governor Ron DeSantis, also encourages other states to take action via their business regulations to prevent the entry of CBDCs. According to local news…

Ron DeSantis, governor of Florida, has vowed to prevent the use of any central bank digital currency (CBDC) in his state should the federal government issue one. In a new speech at a law…

IMF director Kristalina Georgieva is worried about the effects of retail central bank digital currencies (CBDCs) on the economy as a whole. According to the director, Financial stability…