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Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview

Bitcoin.com
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
bitcoin.com
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered InterviewIn a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,” the executive described. Ripple CEO on Working With Governments Worldwide A video clip surfaced […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Ethiopia takes first step toward CBDC in economic reform

Coin Telegraph
Ethiopia takes first step toward CBDC in economic reform
CBDC

The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”

The National Bank of Ethiopia (NBE) has prepared two proclamations as part of an economic reform plan. One of them includes the establishment of a legal framework for introducing a central bank digital currency (CBDC). 

The policy changes foreseen by the NBE Proclamation include creating a legal framework for a CBDC “as necessary,” as well as increasing the NBE’s capital and creating a legal basis for consumer protection. The accompanying Banking Business Proclamation addresses liberalization of foreign investment in banking, corrective measures regarding “problem” banks and the creation of a regulatory sandbox for innovative financial solutions.

The Council of Ministers has approved the proclamations and will soon be introduced into the House of Representatives.

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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows

Bitcoin.com
CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows
bitcoin.com
CBDC Interest Climbs Steadily Over Five Years, Google Trends Data ShowsGoogle Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100, where 100 signifies peak interest. CBDCs See Consistent Search Growth, Top Regions Include […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Chinese Gang Arrested for Exploiting Digital Yuan

Bitcoin.com
Iran Launches Digital Rial Pilot on Kish Island
bitcoin.com
Iran Launches Digital Rial Pilot on Kish IslandIn Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China’s (PBOC) central bank digital currency (CBDC), which has experienced substantial growth in usage. Adoption has reached 260 million wallets across 25 cities, […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade

Bitcoin.com
Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade
Africa
Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global TradeThe Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade between the West African nation and Singapore in April 2024. Ghana’s CBDC to Streamline Cross-Border Trade The Bank of […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders

Bitcoin.com
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
Bitcoin
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry LeadersFormer U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be our last line of defense” against a central bank digital currency (CBDC). He emphasized the importance of producing the remaining bitcoin in the U.S., suggesting […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies

Bitcoin.com
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
biden crypto
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto PoliciesBrian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect bitcoin from regulatory threats, oppose a central bank digital currency (CBDC), and support the cryptocurrency industry, aligning […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Germans split on digital euro, most don’t know what it is: Survey

Coin Telegraph
Germans split on digital euro, most don’t know what it is: Survey
CBDC

Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found.

Half of Germans in a recent survey said they could see themselves using the digital euro despite many not having heard of it or knowing exactly what it is.

Deutsche Bundesbank’s survey of 2,012 people published on June 4 saw 50% say they could either “definitely” or “probably” imagine using the digital euro — the European Central Bank’s pilot central bank digital currency (CBDC) — if it was an additional payment option.

A quarter said they would “definitely not” use it, about the same said they would “probably not” — 1% said they didn’t know.

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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor Says

Bitcoin.com
Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor Says
Africa
Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor SaysRwanda is contemplating launching a Central Bank Digital Currency (CBDC) because it does not want to be left behind and to prevent any hindrances to trade between the African country and its major trading partners. According to a deputy governor with the National Bank of Rwanda, the country should be prepared for digital currencies being […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

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