Biden Administration seeks China-style CBDCs, warns US Congressman

Congressman Emmer warns Biden's CBDC plan threatens privacy, introduces bill to prevent government surveillance. The post Biden Administration seeks China-style CBDCs, warns US Congressman appeared first on Crypto Briefing.

290 +

Crisis In Crypto: China’s Leading Blockchain Advocate Faces Investigation

Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Background Of Blockchain Advocacy And The Current Crackdown Qian, known for his pivotal role in developing China’s Central Bank Digital Currency (CBDC), has been a leading voice in the country’s blockchain initiative. Qian’s efforts were […]

376 +

Chinese ‘Crypto Dad’ faces government investigation

Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.

202 +

India Advances E-Rupee CBDC Features While Keeping Tight Grip on Crypto Sector

The Reserve Bank of India is revolutionizing its digital currency, the e-rupee, with new offline and programmable features, juxtaposed against a backdrop of strict regulations impacting the broader cryptocurrency market in India.

283 +

Could Japan’s CBDC End the Crypto Deadlock in the US?

The Bank of Japan has postponed discussions for possible 2026 CBDC rollout to the spring of 2024. The post Could Japan’s CBDC End the Crypto Deadlock in the US? appeared first on BeInCrypto.

279 +

FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

618 +

Forget The Federal Reserve, The Market Is Pivoting Anyway

CPI numbers from the U.S.-led markets to rally, leaving bitcoin in the dust as FTX shocked the crypto world. The Federal Reserve tests out a CBDC.

219 +

SHIB May Have Reached Bottom, Ripple CBDC Hackathon Concluded, SHIB Metaverse Reveals New Concept Art: Crypto News Digest by U.Today

Read U.Today’s crypto news digest to make sure you’re not missing any of the latest events in the industry!

356 +

Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase

John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin.

419 +

CryptoSlate Wrapped Daily: Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon

The biggest news in the cryptoverse for November 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%.

951 +

One Year on, Has E-Naira Defeated the Private Crypto Adoption? Apparently Not

It has been one year since Nigeria launched Africa's first central bank digital currency (CBDC), but reports find that the response is all but overwhelming. The post One Year on, Has E-Naira Defeated the Private Crypto Adoption? Apparently Not appeared first on BeInCrypto.

307 +

India’s central bank starts digital rupee pilot

The Reserve Bank of India (RBI) will debut a pilot for its central bank digital currency (CBDC) targeting the wholesale segment, the bank announced on Monday. India is one of the countries with the highest number of cryptocurrency users, and while the government’s approach to crypto trading has been more unwelcoming, its been the opposite […] The post India’s central bank starts digital rupee pilot appeared first on Invezz.

443 +

Thailand Central Bank to Launch CBDC Pilot, But Still Not Keen on Crypto

The central bank of Thailand has announced that it is planning more time to research and develop its central bank digital currency (CBDC). The post Thailand Central Bank to Launch CBDC Pilot, But Still Not Keen on Crypto appeared first on BeInCrypto.

346 +

Nigerians’ passion for crypto is stopping short at the eNaira

With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.

357 +

What India’s CBDC Report Means for Crypto’s Future

The Reserve Bank of India presents its concept of a digital rupee, considering its design, issuance, and effects on the current banking system. The post What India’s CBDC Report Means for Crypto’s Future appeared first on BeInCrypto.

451 +

Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of cryptocurrency for foreign trade.

431 +

Australian senator releases draft bill to push for crypto regulation

Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on September 19.

422 +

Australian Senator Includes China’s Digital Yuan CBDC Requirements in New Digital Assets Bill

Australian Liberal Senator Andrew Bragg has introduced a bill to regulate crypto assets so that the country 'keeps up with the global pace' in handling rules for digital assets. The bill also mentions potential frameworks for foreign CBDC use in the country.

341 +