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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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India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI

The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the…

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