Chinese Locals Cash Out CBDC Digital Yuan For Physical Cash
The latest reports suggest that several Chinese locals paid in digital yuan or e-CNY have rarely used this CBDC, and are most likely.
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Russia to Enforce Crypto Restrictions, Exempting Miners and Central Bank Projects
Russia imposes strict crypto restrictions, effective September 1, exempts miners. It aims to strengthen ruble, control crypto amidst geopolitical tensions. Debate persists; Finance.
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UAE Central Bank Launches Digital Dirham Strategy For Wholesale And Retail Use
United Arab Emirates (UAE) Central Bank (CBUAE) initiates the first phase of its Digital Dirham strategy with partnerships with R3 and G42 Cloud,.
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Five US Senators Sign Bill To Oppose Biden’s Digital Dollar CBDC Plan
Five US senators, led by Senator Ted Cruz, have introduced a bill aiming to prohibit the Federal Reserve from issuing a central bank.
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Philippines Has Plans To Launch Central Bank Digital Currency (CBDC) As ‘Answer To Crypto’
The Philippines’ central bank plans to launch its Central Bank Digital Currency (CBDC) within two years, offering a safer alternative to crypto. The.
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CBDC Opponent, Ron DeSantis, Has Ended His Presidential Race
CBDC ban advocate, Ron DeSantis, ended his presidential race on Jan. 21, saying he had no path to victory and throwing his support.
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Donald Trump To Stop The Issuance Of CBDC If Elected
Donald Trump has vowed to stop the issuance of a government-controlled digital currency if elected, as the Federal Reserve and global banks explore.
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Banking On The Future: Spain Embarks On CBDC Pilot Journey
The halls of Spain’s financial system are about to witness a revolution, and it’s all thanks to a groundbreaking pilot program exploring.
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Palau Finance Ministry Launches Second Phase Of Its CBDC Project
Palau Finance Ministry has flagged off the second phase of its XRPL-powered central bank digital currency (CBDC) pilot program following the successful completion.
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Ripple Shifts Focus To CBDC Projects And Boost XRPL In 2023
Ripple, a leading U.S.-based fintech company, increasingly focuses on CBDC projects in 2023, marking a strategic shift from its traditional retail payment solutions..