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CBDC

Nigeria’s apex bank taps Gluwa to accelerate e-Naira CBDC adoption

by Isaac Wright
Nigeria’s apex bank taps Gluwa to accelerate e-Naira CBDC adoption

The Central Bank of Nigeria has partnered with Gluwa, a blockchain infrastructure firm, to drive the adoption of the country’s central bank digital currency, the e-Naira. The collaboration aims to …

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Senators in the US Introduce Bill to Halt Biden’s CBDC Agenda

by Isaac Wright
Senators in the US Introduce Bill to Halt Biden’s CBDC Agenda

In a move against the Biden administration’s plans to introduce a “digital dollar,” five United States senators have united to introduce legislation prohibiting central bank digital currencies (CBDCs). Led by …

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Ted Cruz leads Republican senators in resistance to CBDC bills

by Isaac Wright
Ted Cruz leads Republican senators in resistance to CBDC bills

Spearheaded by Texas Senator Ted Cruz, Republican senators are making concerted efforts to restrict the ability of the Federal Reserve to launch a CBDC. According to FOX Business, Cruz, alongside …

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CBDC For Payments Only, Not Investment or Holding 

by Isaac Wright
CBDC For Payments Only, Not Investment or Holding 

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb. …

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European Central Bank to improve privacy for digital euro

by Isaac Wright
European Central Bank to improve privacy for digital euro

The European Central Bank (ECB) has pledged to introduce upgraded privacy measures for the digital euro, guaranteeing robust data protection and privacy standards. The proposed regulation aims to establish a …

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Soros Fund co-founder says Bitcoin isn’t a government threat

by Isaac Wright
Soros Fund co-founder says Bitcoin isn’t a government threat

Bitcoin (BTC) is not a threat to governments, according to renowned investor and Soros Fund Management co-founder Jim Rogers. In an interview with Kitco News on Jan. 31, Rodgers explained …

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UAE’s Central Bank Initiates Historic Cross-Border Digital Dirham Transfer to China

by Isaac Wright
UAE’s Central Bank Initiates Historic Cross-Border Digital Dirham Transfer to China

On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever cross-border payment …

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US CBDC debate heats up amid elections. Does the country need a digital dollar?

by Isaac Wright
US CBDC debate heats up amid elections. Does the country need a digital dollar?

During the 2024 presidential race, the discussion on a U.S. CBDC becomes more intense. Candidates’ contrasting views mirror wider concerns about privacy and government control. As of Jan. 2024, the …

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CBDCs are a threat to liberty: GOP candidate Vivek Ramaswamy

by Isaac Wright
CBDCs are a threat to liberty: GOP candidate Vivek Ramaswamy

Vivek Ramaswamy, an ally of former President Donald Trump and one-time Republican presidential candidate, labeled the prospective digital dollar — Central Bank Digital Currency (CBDC) — as a threat to …

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Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

by Isaac Wright
Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential …

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