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Tag: central bank digital currency

Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches

March 31, 2023 wp-bot Cointelegraph

The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is

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The world could be facing a dark future thanks to CBDCs

March 23, 2023 wp-bot Cointelegraph

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

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US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

March 23, 2023 wp-bot Bitcoin News

U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that

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Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

March 16, 2023 wp-bot Bitcoin News

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance

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Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows

March 15, 2023 wp-bot Bitcoin News

A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the

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BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

March 8, 2023 wp-bot Bitcoin News, Blockchain

The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a

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Blockchain
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