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RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India

The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He…

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Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies

Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency…

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US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and…

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Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published…

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Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’

The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.

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India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech

India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities…

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