#CBDC News, Headlines and Posts

Like, Totally Orwellian: Nearly A Third Of GenZ Favors 'Government Surveillance Cameras In Every Household'

zerohedge.com Like, Totally Orwellian: Nearly A Third Of GenZ Favors 'Government Surveillance Cameras In Every Household' Nearly one-third of Generation Z says they'd be just fine with…

XRP Prediction Looks Bullish According To Analysts, But Investors Are Flocking To This New Token Set To Surge 35X

thecryptobasic.com As analysts chart a potentially bullish trajectory for Ripple’s XRP, a significant wave of investor attention is being captured by a rising star in the crypto space:…

IOHK’s Charles Hoskinson Warns of CBDC Agenda and Potential Dystopian Future Amid Binance Lawsuit

news.bitcoin.com Following the lawsuit filing by the U.S. Securities and Exchange Commission (SEC) against Binance, encompassing 13 allegations of “operating unregistered trading platforms”…

Cardano Founder Unveils SEC Motivation For Suing Binance

newsbtc.com The US Securities and Exchange Commission (SEC) sued the world’s largest crypto exchange Binance and its founder for allegedly violating securities laws. In light of this,…

Dystopian World Could Emerge From Government Control of Blockchain via CBDCs, Says Okcoin CEO

dailyhodl.com The chief executive of San Francisco-based crypto exchange Okcoin thinks government control of the blockchain via central bank digital currencies (CBDCs) could lead to a…

American Banker Highlights CBDC Development Endeavors By Ripple

bitcoinist.com A Manhattan-based publication American Banker focused on the financial industry, has revealed Ripple’s efforts in ensuring secure minting and distribution of Central Bank…

EX-Twitter CEO Says Ethereum is a Security, Asks Coinbase to Focus on BTC Amid SEC Suit

thecryptobasic.com Former Twitter CEO Jack Dorsey says Ethereum (ETH) is a security while supporting a Bitcoin-focused approach for Coinbase amid the SEC lawsuit. In a noteworthy development,…

SEC Sues Coinbase, Cardano Mentioned as Security in Both Lawsuits against Top Exchanges

thecryptobasic.com The SEC finally filed a lawsuit against Coinbase shortly after charging Binance, again labeling Cardano (ADA) a security. The US Securities and Exchange Commission (SEC) has…

Rosbank Launches Crypto Solution For Cross-Border Settlements

cryptodaily.co.uk Russia’s Rosbank, one of the most important banks in the country, has announced the launch of a crypto payments solution to facilitate cross-border settlements. Rosbank has…

Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'

cointelegraph.com The United States Securities and Exchange Commission (SEC) filed charges against Binance, its U.S.-based exchange platform and its CEO Changpeng Zhao for violating American…

Kenyan Central Bank: CBDC Not a Priority ‘in the Short to Medium Term’

news.bitcoin.com The Kenyan central bank has said implementing a central bank digital currency (CBDC) may not be a priority for Kenya in the short to medium term. According to the central…

Ripple CBDC Development Efforts Spotlighted by American Banker

thecryptobasic.com American Banker has recognized efforts put in by Ripple in terms of Central Bank Digital Currencies (CBDC) development. American Banker, a Manhattan-based trade publication…

Robert F. Kennedy Jr. Silent on Bitcoin and CBDC During Twitter Talk with Elon Musk

decrypt.co Tesla CEO and Twitter owner Elon Musk hosted a conversation with presidential candidate Robert F. Kennedy Jr on Monday. And while it lasted for more than two hours, Bitcoin…

Cardano Founder Mentions Main Reason Why the SEC Sued Binance

thecryptobasic.com Cardano Founder Hoskinson raises concerns over the complaint against Binance from the SEC, highlighting threats to financial freedom and potential CBDC control. Charles…

Cardano Founder Warns Of “CBDC Agenda” In Binance SEC Complaint

bitcoinist.com The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it…

US Federal Reserve’s Banking Upgrade Can’t Outpace Crypto

beincrypto.com Banking and money transfers in the United States can often be a painstakingly slow process. Unlike in many countries where the transfer of funds can occur instantaneously,…

Pro-Bitcoin Candidate Robert Kennedy Jr. 'Can and Will' Beat Trump, Desantis: Jack Dorsey

decrypt.co Twitter co-founder and current CEO of fintech firm Block Jack Dorsey appears to have officially endorsed Robert Kennedy Jr., a pro-Bitcoin Democrat presidential candidate.…

Is Ron DeSantis Right? Only 16% of Americans Support a CBDC in Latest Poll

decrypt.co Only 16% of Americans said they favored a CBDC compared to 34% that opposed the technology’s adoption, according to the latest series of polls conducted by the Cato…

Will GOP Candidates 'Take On the Fed?'

aier.org As the GOP’s presidential hopefuls formulate their national economic agendas, one question looms large: What are they going to do about the Federal Reserve? America’s…

UK has just 18 months to become global crypto leader, parliament report urges

protos.com The UK first announced plans to become a global crypto hub in April last year — but a new report by an independent, cross-party group within parliament has warned that time…

Privacy Concerns Dominate CBDC Discussion at Consensus 2023

coindesk.com The dangers of government abuse threaten to outweigh the potential economic benefits of central bank digital currencies (CBDCs), according to the consensus of stakeholders…

Crypto Community Reacts: Twitter Backlash to Senator Warren’s New Stance

beincrypto.com Several crypto community members have criticized Senator’s Warren latest stand about how crypto is being by illegal actors for their activities. In a June 3 tweet, the…

US Congressman Moves To Stop CBDC ‘Dead in Its Tracks’, Introduces Bill To Block Federal Reserve

dailyhodl.com A Congressman in West Virginia’s second district is introducing a new bill that would keep the Federal Reserve from carrying out experiments related to the use of a central…

China Might Endorse Programmable CBDCs, Privacy Activists Won’t

beincrypto.com A recent whitepaper by two financial behemoths has endorsed using programmable CBDCs in one of the world’s largest economic zones. However, it raises considerable concerns…

BIS To Use AI To Monitor Global Bank Transactions For "Money Laundering"

zerohedge.com BIS To Use AI To Monitor Global Bank Transactions For "Money Laundering" While the IMF is currently gearing up to introduce its new global CBDC system called the UMU (also…

Ripple Wants to Integrate CBDCs With DeFi

thedefiant.io Ripple, the issuer of the sixth-largest cryptocurrency, XRP, said it’s seeking to integrate Central Bank Digital Currency with DeFi primitives. James Wallis, the vice…

Hundreds of Bitcoin Wallets Controlled by Russian Intelligence Agencies Exposed: Report

cryptobriefing.com Hackers revealed that 986 unique BTC wallets have allegedly been used by Russian state intelligence groups, amid the complicated relationship between crypto and the Russian…

MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform

cointelegraph.com Megabank Mitsubishi UFJ Financial Group (MUFG) has announced that its stablecoin issuance platform “Progmat Coin” will soon be used by Japanese banks to launch Yen-pegged…

Kenya: A CBDC Is Not Our Immediate Priority

bitcoinist.com The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability…

CBDC 'may not be a compelling priority,' says Kenya's central bank

cointelegraph.com The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling, and hasn’t a definitive conclusion. In a June 2…

The Latest Paris Fashions (In Fintech)

forbes.com I was flattered to be invited to chair the keynote panel on new business models for banking at the Paris Fintech Forum 2023, because the issue of paradigm shift is being…

Kenya Central Bank Takes Ambivalent Stance on Digital Currency

coindesk.com The Central Bank of Kenya said "pain points" in the country's payments systems can be addressed by innovations structured around the existing ecosystem and that a central…

‘Allure of CBDCs Is Fading’ Globally, Says Kenyan Central Bank

blockworks.co After seeking feedback on CBDCs in February, Kenya’s Central Bank (CBK) has come out with a firm position, saying that in the current environment, “a CBDC in Kenya may not…

Japan’s New Stablecoin Framework Could Spur US To Act

blockworks.co As Japanese banks get set to issue stablecoins under new legislation, the US’s lack of regulatory clarity in the segment is one hurdle blocking institutions in the country…

Here’s Why The CBN Will Not Allow Nigerians Withdraw Crypto From Commercial Banks

bitcoinist.com Nigeria’s history with crypto has been a bittersweet one where the citizens have embraced digital assets with open arms but the government remains vehemently against it.…

Qatar gets slammed for not taking enough action against crypto companies

cointelegraph.com The global watchdog fighting money laundering and terrorist financing has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations…

Iranian Parliament Warns Central Bank Of Iran: CBDC Project Unlawful And Unconstitutional, Must Be Halted

bitcoinnews.com Ali Khezrian, the spokesperson for the Article 90 Commission overlooking the parliament of Iran, has stated that the commission considers the issuance of the digital Rial…

Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

cointelegraph.com British multinational bank Standard Chartered and PwC China have teamed up to produce a white paper on applications for central bank digital currency (CBDC) in the so-called…

The Banking Risks of Central Bank Digital Currencies

promarket.org The implementation of central bank digital currencies as the primary medium of exchange would exacerbate the flaws of our current fiat system which encourage banks to…

This Week In Credit Card News: A No-Interest Credit Card; How ChatGPT Could Be Used In The Card Industry

forbes.com TD Bank is offering a new credit card called TD Clear that charges exactly 0% on revolving balances. This is not a loss leader. Neither is this a charge card, like the…

Britcoin Has UK Lords All a Flutter Over ‘Stealth’ CBDC

blockworks.co Why does the Bank of England need a central bank digital currency? That’s the question posed by two Lords in England in a comment piece published in The Telegraph last week.…

SHIB Perpetual Futures Listed on Kraken, Ripple Lawsuit Speculated to Settle in June, SHIB Lead Shytoshi Kusama Supposed to Be in Japan: Crypto News Digest by…

u.today Here are the top three news stories from the previous day brought to you by U.Today. SHIB BPP, a Shiba Inu-themed Twitter account that shares breaking news on the meme coin,…

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