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CBDC
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump
The eCNY and other CBDCs are digital versions of cash issued by a central bank, unlike bitcoin which has no single issuing authority; bitcoin surpassed $39,000 on Tuesday before dropping into the red.
Ukraine Ministry of Digital Transformation Deputy Minister on Russia-Ukraine Tension, State of Crypto in the Country
Alex Bornyakov, Ukraine Ministry of Digital Transformation Deputy Minister and head of Diia City Project, discusses his vantage point in the ongoing Russia-Ukraine tensions and their impact on the local business climate and crypto community.
Bank of Russia Proceeds With Digital Ruble, Renews Push for Crypto Ban
Three Russian banks are piloting the CBDC, while the Bank of Russia is suggesting a new, harsher bill to ban cryptocurrencies in Russia.
Indian Finance Minister Says RBI Is on Board With New Crypto Rules
Sitharaman downplayed concerns of disagreements between the central bank and the government on crypto.
CBDCs Are Going to Disappoint
Central bank digital currencies will enter into a competitive field of payment solutions – including stablecoins.
Blockchain Firm Millicent Wins UK Government Funding to Develop CBDC
London-based blockchain-powered firm Millicent has won a prestigious research grant from the U.K. government to develop a central bank digital currency (CBDC). Kene Ezeji-Okoye, co-founder and president of Millicent, shares his insights into the firm's latest projects, including creating regulator complaint stablecoins and a "highly secure blockchain." Plus, addressing privacy concerns of a potential digital pound.
IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins
Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.
