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.
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