yugocean cbdc

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Ripple Enters World CBDC Race

27 Jul 2023 1 minute read 4 comments Yugocean

     Ripple (XRP) has gained market share after winning the case against the SEC, and has started offering CBDC (Central Bank Digital Currency) projects. CBDC NEEDS XRP?       Ecuador initiated CBDC in 2014, which was flopped and called back in 201...

Federal vs State in US after Florida bans CBDC

14 May 2023 1 minute read 5 comments Yugocean

     A bill that excludes CBDCs from the UCC's definition of "money" was approved by the Florida Governor Ronald Dion DeSantis. As a result, CBDCs cannot be used as currency within the state. Ban on CBDC    Similar to Florida - South Carolina, Ohio...

India is trying to bring offline version of CBDC

7 Apr 2023 1 minute read 2 comments Yugocean

         The introduction of CBDC, which intends to provide a new type of national currency in the digital era and compete with Bitcoin and Altcoins, has created a new economic issue in many countries. This frequently contains novel concepts; the mos...