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CBDC
Montenegro's Central Bank to Test CBDC With Ripple
The central bank will identify the practical application of a digital currency and come up with a design to simulate its circulation.
India Stepping Up CBDC Testing, Targeting One Million Digital Rupee Users By July
India's retail central bank digital currency (CBDC-R) architects are aiming to scale the user base of the digital rupee to one million users and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. "The Hash" panel discusses the latest in India's retail and wholesale CBDC pilots.
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).
CBDCs Will Be a 'Trojan Horse': Citi's Future of Finance Global Head
In a recent report, Citi analysts suggest that the next influx of crypto adoption will be primarily driven by the rise of central bank digital currencies (CBDCs). Ronit Ghose, Future of Finance Global Head at Citi, discusses the report saying, "we think CBDCs will be a trojan horse, it will be coming from the side or backdoor."
Citi's Future of Finance Global Head Addresses Future of CBDCs
A recent report from Citi speaks to the promised potential of blockchain and central bank digital currencies (CBDCs), and how it will be measured in "billions of users and trillions of dollars." Citi Future of Finance Global Head Ronit Ghose discusses the future of CBDCs and digital finance, explaining why CBDCs are "going to be a Trojan horse."
How U.S. Lawmakers View the Future of Crypto
Recently, 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. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.
UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024
The first phase of the Digital Dirham is expected to be completed over the next 12 to 15 months.
Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo
Political attacks on CBDCs give a pass to existing government and commercial oversight of financial transactions and forfeits opportunity to shape global standards in accord with American values, says Christopher Giancarlo, co-founder of the Digital Dollar Project.
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.