Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky.
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Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte
Deloitte analysis shows how Bitcoin can help traditional fiat currency improve drastically in terms of speed, security, efficiency, cross-border payments.
Bank of Uganda Reportedly Commences CBDC Study
The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed…
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
“Jamaica Digital Exchange” — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage.
Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy.
Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In…
CBDCs will not impact private stablecoin market, says Tether CTO
Tether chief technology officer Paolo Ardoino claimed CBDCs would primarily replace the age-old payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure.
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto…
Crypto-related stocks jump in positive reaction to executive order
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms.
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the…
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