CBDC


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CBDC Outlook as Sen. Ted Cruz Proposes Ban

Sen. Ted Cruz introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis. CoinDesk Executive Director of Global Content Emily Parker breaks down the differences between the two proposals and what the opposition to a CBDC is largely about.

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Opinyon

Sa Depensa ng Digital Dollar

Ang mga takot tungkol sa malawakang pagsubaybay sa pananalapi ay totoo sa mga CBDC, ngunit ang pagbabawal sa kanila, tulad ng iminungkahi ng mga Republikano kamakailan, ay hindi makakatulong. Sa halip, higit pang pananaliksik ang kailangan, sabi ni Ananya Kumar.

Florida Gov. Ron DeSantis (Scott Olson/Getty Images)

Opinyon

Gov. Ron DeSantis, Privacy at ang Politicization ng Digital Dollar

Ang batas ng ipinapalagay na kandidato sa pagkapangulo na ipagbawal ang isang CBDC sa antas ng estado ay hindi maaaring gawin ayon sa konstitusyon. Ngunit nag-aalala pa rin ito para sa hinaharap ng pera sa U.S., sabi ni JP Schnapper-Casteras.

(Rachel Sun/CoinDesk)

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Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC

Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.

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Nigeria's eNaira Wallet Use Jumps Amid Cash Shortages: Bloomberg

Nigerians have been turning to the country's central bank digital currency (CBDC) eNaira, amid cash shortages, according to Bloomberg. The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year. The CBDC was introduced in October 2021. "The Hash" panel discusses the eNaira experiment and crypto's use case as an alternative to economic uncertainty.

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Iminungkahi ni GOP Sen. Ted Cruz ang pagbabawal sa isang CBDC

Ang pagsisikap ng Texas senator ay nagdaragdag sa isang katulad na panukala sa antas ng estado na iminungkahi noong unang bahagi ng linggong ito ni Florida Gov. Ron DeSantis.

U.S. Sen. Ted Cruz of Texas has proposed a bill to prohibit the Federal Reserve from creating a central bank digital currency. (Alex Wong/Getty Images)

Policy

Ang Paggamit ng eNaira Wallet ng Nigeria, Umakyat ang mga Transaksyon sa gitna ng Kakapusan sa Pera: Bloomberg

Ang bilang ng mga eNaira wallet ay tumalon ng higit sa 12-fold hanggang 13 milyon mula noong Oktubre, at ang halaga ng mga transaksyon ay umakyat ng 63% sa taong ito.

A shortage of cash in Nigeria has prompted more Nigerians to use the country's digital currency. (TVC News)

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Florida Governor Ron DeSantis Proposes Law to Ban CBDCs

A legislative proposal from Florida Governor Ron DeSantis would prohibit using a national central bank digital currency (CBDC) as money within his state. This comes as the Biden administration is studying the possibility of introducing a CBDC. "The Hash" panel weighs in on an issue that is likely to get more prominence as the next U.S. presidential election starts to heat up.

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India's Central Bank Exploring Privacy Legislation for Retail CBDC Users

India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions from the network's ledger in order to maintain anonymity, a highly placed person told CoinDesk. "The Hash" panel discusses the wider implications of preserving privacy on the blockchain, as lawmakers and individuals across the world have been concerned about the potential surveillance aspects of CBDCs.

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Policy

Si Florida Gov. Ron DeSantis ay Nagmungkahi ng Batas na Ipagbawal ang mga CBDC

Pinag-aaralan ng administrasyong Biden ang posibilidad ng pagpapakilala ng isang digital na pera ng sentral na bangko.

Florida Gov. Ron DeSantis (Scott Olson/Getty Images)