CBDC

480 Articles 8 Followers


User Controlled AI LEASH for Inter-Chain DEFI: Our best defense against CBDCs?

13 Aug 2023 8 minute read 2 comments Thunderboltkid

CBDCs are coming at the National Level everywhere starting in 2024, and are in a sense already in the USA with Fed Coin now in limited circulation the past few years. Inter-Blockchain or "Interchain" Settlement which is secure, employing User Permiss...

Partisan Divide: House Financial Services Committee Vote on Anti-CBDC Bill

26 Sep 2023 4 minute read 2 comments ZeroRequiem

In a significant development on Capitol Hill, U.S. Representative Tom Emmer celebrated the passage of his groundbreaking Anti-CBDC bill. This legislation, a key milestone in the ongoing debate over central bank digital currencies (CBDCs), is designed...

Nigeria bans large ATM withdrawals to try and force adoption of CBDC

12 Dec 2022 1 minute read 19 comments Patch

In what can only be described as an extreme act of overreach by the Nigerian government they have severely limited their citizen's ability to access their own money. All in the name of CBDC adoption. Nigeria put a weekly withdrawal limit of $225 in...

The Number of Bitcoin ATMs Drops Drastically in America in March 2023. The Biden Administration’s Operation Against Bitcoin and Crypto Is Continuing.

2 Apr 2023 2 minute read 3 comments ssaurel

It is now no secret that the Biden administration has been conducting a large-scale operation for several weeks to try to destroy the cryptocurrency industry. Everything is being done to harm the main players in the sector and the lawsuits from the S...

CBDC 101: What Are Government-Controlled Digital Currencies For And How Are They Different From Cryptocurrencies?

8 Jan 2022 5 minute read 4 comments ChangeNOW

In the light of the recent CBDC-related events such as the potential creation of a Ripple-based climate-friendly stablecoin in Palau and the proposal to ban cryptocurrencies in India supposedly in support of its CBDC, central bank digital currencies...

Chines researchers propose the digital Yan become an Asian wide digital currency

21 Oct 2022 2 minute read 10 comments Patch

Some very frightening news has founds its way out of China. And I say frightening because that is the feeling I get when I think about the repercussions and the "what if" scenarios. Why an Asian-wide digital Yuan? The researchers cite the main reaso...

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....

China moves forward with their implementation of the e-CNY, is that a good thing?

14 Jul 2022 3 minute read 15 comments Patch

On the one hand, China bans all cryptocurrencies, while the other implements its own CBDC, the e-CNY. But what are they doing it? Let us see if we can better understand what is happening. What is a CBDC and what can it be used for CBDC stands for Ce...

China bans Bitcoin, strategic choice?

26 Jun 2021 3 minute read 15 comments MikeZillo

News of a few days ago, China has completely banned Bitcoin and cryptocurrencies in general. All financial institutions are no longer allowed to trade with cryptocurrencies: both buying and selling. Not only that. Even Alipay has been intimated by th...

Project Icebreaker - a CBDC Frankenstein brought to life

29 Sep 2022 2 minute read 10 comments Patch

In what only can be described as a sad day for a Swede and a crypto enthusiast. I would like to sadly announce that the CBDC end is getting closer and closer. Project Icebreaker This is what they have decided to call this project. A project between...