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Tag: central bank digital currency

Fed Official: Digital Dollar Decision Still a Long Way Off

September 10, 2023 wp-bot Bitcoin News

The Federal Reserve’s vice chair for supervision has affirmed that the U.S. central bank is “a long way” from making a decision on whether to

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US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan

September 1, 2023 wp-bot Bitcoin News

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to

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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

August 17, 2023 wp-bot Blockchain, IBM Blockchain Blog

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. The introduction of Central Bank Digital

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US Congressman Warren Davidson: ‘Banning CBDC Is Essential to America’s Fintech Future’

August 16, 2023 wp-bot Bitcoin News

U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future

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Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada

August 11, 2023 wp-bot Cointelegraph

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a

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Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

July 27, 2023 wp-bot Bitcoin News

The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will

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