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Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Cryptorphic has made some observations regarding the increasing focus of Donald Trump on cryptocurrencies. The recent announcement by Trump about making the U.S. the crypto capital has created a buzz, but there are concerns over the ethical dilemmas due to conflict of interest. Trump has changed his mind and is now supporting cryptocurrencies and has […]
New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.
Bank of Russia Governor Elvira Nabiullina reiterated the regulator’s belief that the digital ruble, Russia’s central bank digital currency (CBDC), will achieve widespread adoption within the next five to seven years. Nabiullina said that CBDCs have significant benefits for payments during a recent speech at the Federation Council, local media reported on July 30. CBDC […]
The post Russian central bank governor says CBDCs will be part of everyday life by 2031 appeared first on CryptoSlate.
Roy Cooper, the governor of North Carolina, struck off a bill that would have banned the state from receiving payments in U.S. Federal Reserve-issued central bank digital currency (CBDC) on June 5. House Bill No. 690 would have also restricted the state from participating in any CBDC testing by the Federal Reserve. In a statement, […]
The post North Carolina governor vetoes CBDC ban bill, calling it premature appeared first on CryptoSlate.
Last night’s landslide victory of the UK’s Labour Party in the general election saw little to no mention of Bitcoin, blockchain, or digital assets. Leading up to the election, the party’s manifesto remained silent on crypto or Bitcoin at a time when the topic is becoming increasingly prevalent in the US election race. However, Labour’s […]
The post The UK could be the first country to design CBDCs to help people, not banks appeared first on CryptoSlate.
US Senator Bill Hagerty passionately advocated for Bitcoin and the principles of decentralization during his speech at the Bitcoin2024 conference, highlighting the alignment of these values with American ideals of liberty and autonomy. Hagerty said during his appearance at the Bitcoin2024 conference on July 26 that the flagship crypto represents the fundamental principles of freedom […]
The post Senator Hagerty says loving Bitcoin is in every Americans ‘DNA’ praises Trump’s stance appeared first on CryptoSlate.
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country while calling for an expansion of its central bank digital currency (CBDC), the digital rouble, in a July 17 meeting. Putin said that Bitcoin and other crypto mining facilities’ uncontrolled electricity consumption is already causing power […]
The post Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC appeared first on CryptoSlate.
Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the “Digital Wallet,” starting August 1, per AP News. Originally announced in April, the plan aims to […]
The post Thailand to launch $12.4 billion digital cash scheme to boost local economy appeared first on CryptoSlate.
The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.
Regulators in the Bahamas are sick of their citizens' reluctance to adopt a CBDC, so they're forcing commercial banks to get on board.
The Bahamas will provide access to its central bank digital currency (CDBC) the “Sand Dollar” through commercial banks to increase adoption, Reuters reported on July 1, citing the country’s central bank governor. Governor of the Central Bank of The Bahamas John Rolle said the country intends to establish the regulations within two years and has […]
The post Bahamas to provide CBDC access via commercial banks appeared first on CryptoSlate.
Central bank digital currencies (CBDCs) are expected to become widespread and will be used for international payments as a norm within the next five years, according to Anatoly Aksakov, Chairman of the Russian State Duma’s Financial Markets Committee. Aksakov made the remarks during an interview at the St. Petersburg International Economic Forum (SPIEF). He noted […]
The post Russian official says international CBDC payments will be the norm within 5 years appeared first on CryptoSlate.
Project mBridge reaches MVP stage, exploring CBDCs for cross-border payments. (Read More)
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) announced a collaboration focusing on wholesale central bank digital currencies (CBDCs) and the tokenization of financial assets. According to the press release, the partnership marks a significant milestone in promoting financial innovation and enhancing interoperability in digital currencies. The HKMA’s participation in the […]
The post France, Hong Kong regulators sign MOU to explore wholesale CBDCs, tokenization appeared first on CryptoSlate.
Naresh Nagia of Deloitte explores the impact of tokenization, DLT, and CBDCs on traditional banking in episode 117 of the Public Key podcast. (Read More)
Central Bank Digital Currencies (CBDCs) could enhance financial inclusion in the Middle East and improve cross-border payments, according to a survey by the International Monetary Fund (IMF). The regulator pointed out that about two-thirds of Middle Eastern countries are exploring these national digital currencies, with 19 still in the research phase. However, some countries, such […]
The post CBDCs could boost financial inclusion, ease cross-border payments in the Middle East, IMF says appeared first on CryptoSlate.
The following is a guest post by Phillip Alexeev, Chief Growth Officer at CrossFi. Over the centuries, the evolution of currency has defined the human experience. From primitive bartering systems to establishing standardized coins and paper money, currencies have been critical in organizing and advancing societies. However, recent decades have seen many areas of the […]
The post How did we lose control of our currencies? appeared first on CryptoSlate.
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are now engaged in exploring central bank digital currencies (CBDCs) reflecting a sharp increase in experiments and pilots, especially with wholesale CBDCs. The findings detailed in a report titled “Embracing Diversity, Advancing Together” […]
The post BIS reveals almost every major central bank is interested in wholesale CBDCs appeared first on CryptoSlate.
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
Attendees of the 2024 Oslo Freedom Forum were united in addressing the threat that central bank digital currencies (CBDCs) pose to freedom around the globe.
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