In response to BRICS nations’ recent push for Central Bank Digital Currencies (CBDCs), VanEck advisor Gabor Gurbacs advocates for Bitcoin (BTC). So, this strategic move aims to strengthen financial sovereignty, challenging the dominance of the U.S. dollar. furthermore, Gurbacs argues…
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Trump and Emmer Oppose CBDCs, A New Era in US Digital Currency Debate
In a remarkable convergence of political trajectories, House Majority Whip Tom Emmer and former President Donald Trump have vocalized a unified stance against the introduction of central bank digital currencies (CBDCs) in the United States. This alliance represents a significant…
De-dollarization: The Impact of Digital Assets and CBDCs on Global Currency Dynamics
In recent times, the concept of de-dollarization has gained significant traction as the world grapples with the evolving dynamics of global finance. The rise of emerging economies collectively known as BRICS, coupled with the mounting U.S. debt and the weaponization…
Donald Trump’s Firm Opposition and the Escalating Debate Over U.S. Central Bank Digital Currency (CBDC)
Central Bank Digital Currency (CBDC) in the United States has escalated, capturing the attention of prominent political figures, financial institutions, and the public. Former President Donald Trump’s vehement opposition to the CBDC during a campaign event in New Hampshire highlights…
Mastercard engages in simulation of CBDC in a controlled environment.
Mastercard, the global payments giant, has announced the successful completion of a digital Hong Kong Dollar (e-HKD) pilot program. The program showcased the efficacy of Mastercard’s Multi-Token Network (MTN) solution in settling Web3 transactions involving decentralized applications and digital assets,…
Altcoins at a Glance – The Latest on XRP, PayPal, Safemoon and CBDC’s
Good day crypto investors. For this edition of Altcoins at a Glance, we have news about CBDCs, Andreessen Horowitz’s crypto index platform, PayPal under the SEC’s microscope, and the charge against Safemoon. We know that time is gold so we…
6 Swiss National Bank Partner to Pilot Wholesale CBDC Issuance in Switzerland
In a bold move towards digital financial innovation, SIX, the Swiss National Bank (SNB), and six prominent commercial banks have joined forces to launch an ambitious pilot project called Helvetia Phase III. This groundbreaking initiative focuses on the development and…
Digital Yuan CBDC Utilized for First Time in Cross-Border Oil Settlement
The digital yuan, China’s central bank digital currency (CBDC) also known as the e-CNY, has achieved a significant milestone by being utilized for the first time in settling an oil transaction. The Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced…
Mastercard Explores Ethereum and NFTs in CBDC Pilot Program
Mastercard, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre, has announced significant progress in their Central Bank Digital Currency (CBDC) pilot project. The latest results, unveiled on Thursday, have demonstrated the potential…
Georgia’s National Bank Chooses Ripple Labs for CBDC Partnership
In a significant move towards the advancement of Central Bank Digital Currency (CBDC) technology, the National Bank of Georgia (NBG) has announced its selection of Ripple Labs as one of the potential technology partners for its groundbreaking CBDC pilot project,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
