China hypes its CBDC as tariff war threatens yuan
As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
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As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
Read more (2 min) →After Donald Trump decided they weren’t a good idea, Ripple scrubbed years of its work on a US dollar CBDC.
President Donald Trump has issued an executive order that purports to "promote United States leadership in digital assets."
The China CBDC scam uses 'dividends' to trick users into sharing the app while also directing them to tools capable of seizing their funds.
Banks experimenting with SWIFT’s interlinking CBDCs include the Hong Kong Monetary Authority and the National Bank of Kazakhstan.
During a Twitter Space, Bitcoin fan Ron De Santis called CBDCs a "transfer of power from individual consumers to a central authority.”
The policy was led by the Florida Blockchain Business Association, a chamber of commerce headed by pro-crypto consultant Samuel Armes.
The launch of FedNow, which will offer 24/7 payments, means many crypto projects may need to rethink their differentiated value propositions.
China's central bank keeps a record of all CBDC transactions and users file more information to make bigger e-CNY payments.