CBDC

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Barclays Explores Digital Pound for U.K.

18 Sep 2024 2 minute read 2 comments cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at how Barclays are looking into the use of a Digital Pound in the United Kingdom.     Digital Pound British B...

Warning for CBDCs

7 Dec 2024 1 minute read 2 comments Vladan Lausevic

TLDR Sweden-based economist Thomas Marmefelt critiques the potential risks of central bank digital currencies (CBDCs). While CBDCs aim to counter the dominance of private cryptocurrencies, the article highlights their potential to centralize financi...

Israel's Digital Shekel CBDC Launching Soon!

18 Mar 2024 1 minute read 0 comments Novasky

Every nation in the world is trying to digitize their cash and turning it into blockchain so that it can be traded across the world and also get to compete with the crypto stablecoins. India has a stablecoin, China has it, Europe Union is launching o...

Digital Currency or Digital Control?

18 Jun 2024 1 minute read 0 comments Vladan Lausevic

"Digital Currency or Digital Control?" by Nicholas Anthony, published by the Cato Institute, delves into the growing phenomenon of central bank digital currencies (CBDCs) and their potential threats to financial privacy, personal freedom, market stab...

10 Govts in Partnership with Ripple Labs for CBDC

17 Jun 2024 1 minute read 0 comments Novasky

Ripple labs have gotten stronger despite the lawsuites and the drama with SEC like it's telenovela. And each year they are bagging in new customer and new product is being launched. In Europe for example they are offering the digital product storage...

China's Digital Yuan Launches e-CNY App for International Users

19 Mar 2024 1 minute read 0 comments Novasky

China has been maintaining it's two time approach to crypto. At first place they are also encouraging their own exchanges in other nations. And then they are only allowing their own CBDC in their own soil. So that way they are preserving their own ec...

The dual paths of digital currency: comparing online and offline CBDCs

25 Mar 2024 3 minute read 0 comments Sheepy

Central Bank Digital Currencies (CBDCs) are fast becoming crucial in reshaping digital economies, akin to the role played by cryptocurrency payment processors and blockchain payment systems. These sophisticated financial instruments are not just nove...

Will we see a Cashless Future?

20 May 2024 1 minute read 2 comments logen9f

source The global pandemic in 2020 significantly increased the popularity and acceptance of non-cash payments. People were forced to use digital payments in lieu of cash due to the pandemic. We also discovered that digital payment is more convenient....

The Dark Side of CBDC's: Central Bank Digital Currency Risks

4 Jun 2024 3 minute read 0 comments cryptomining

The Dark Side of CBDC's: Central Bank Digital Currency Risks Are the potential benefits of CBDCs worth these risks? Or is the idea of such centralized power over our money a step too far? Don't forget to SMASH that like button! Check out The Ultimate...

Digital Rupee e₹ - India's CBDC Digital Currency Explained

14 Mar 2024 1 minute read 0 comments Novasky

CBDC is going to dominate the world after year 2025. CBDC is basically an alternative to the cash. Unlike crypto CBDC are going to be legal tender of the govt. That means if you lose in crypto you can't ask for help from govt. However if you have iss...