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Florida Governor Ron DeSantis is looking to take steps to prevent residents of the Sunshine State from having CBDCs imposed on them. Surveillance and Control Central bank digital currencies are...
From forcing people to spend their money to making them save it, central banks around the world could soon use CBDCs to create a dystopian nightmare.
The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub.
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.
A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.
"What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a 'Big Brother’s Digital Dollar' podium.
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and…
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand.
Yoav Soffer, the advisor to the deputy governor and CBDC project manager, spoke at Tel Aviv FinTech Week, explaining how a recent CBDC experiment proved efficient in cross-border transactions.
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better.