CBDC
CBDCs Will Be a 'Trojan Horse': Citi's Future of Finance Global Head
In a recent report, Citi analysts suggest that the next influx of crypto adoption will be primarily driven by the rise of central bank digital currencies (CBDCs). Ronit Ghose, Future of Finance Global Head at Citi, discusses the report saying, "we think CBDCs will be a trojan horse, it will be coming from the side or backdoor."
Citi's Future of Finance Global Head Addresses Future of CBDCs
A recent report from Citi speaks to the promised potential of blockchain and central bank digital currencies (CBDCs), and how it will be measured in "billions of users and trillions of dollars." Citi Future of Finance Global Head Ronit Ghose discusses the future of CBDCs and digital finance, explaining why CBDCs are "going to be a Trojan horse."
How U.S. Lawmakers View the Future of Crypto
Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.
Emiratos Árabes Unidos presenta su estrategia de CBDC, cuya primera fase se completará a mediados de 2024.
Se espera que la primera fase del Dirham Digital se complete en los próximos 12 a 15 meses.
Decir simplemente no a los dólares digitales significa consolidar el statu quo de la vigilancia
Los ataques políticos a las CBDC dejan pasar la actual supervisión gubernamental y comercial de las transacciones financieras y pierden la oportunidad de dar forma a los estándares globales de acuerdo con los valores estadounidenses, dice Christopher Giancarlo, cofundador del Proyecto Dólar Digital.
CBDC Outlook as Sen. Ted Cruz Proposes Ban
Sen. Ted Cruz introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis. CoinDesk Executive Director of Global Content Emily Parker breaks down the differences between the two proposals and what the opposition to a CBDC is largely about.
En defensa del dólar digital
El temor a la vigilancia financiera masiva es real con las CBDC, pero prohibirlas, como propusieron recientemente los republicanos, no servirá de nada. En cambio, se necesita más investigación, afirma Ananya Kumar.
El gobernador Ron DeSantis, la Privacidad y la politización del dólar digital
La legislación del supuesto candidato presidencial para prohibir las CBDC a nivel estatal es constitucionalmente inviable. Sin embargo, sigue siendo preocupante para el futuro del dinero en EE. UU., afirma JP Schnapper-Casteras.
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.
Nigeria's eNaira Wallet Use Jumps Amid Cash Shortages: Bloomberg
Nigerians have been turning to the country's central bank digital currency (CBDC) eNaira, amid cash shortages, according to Bloomberg. The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year. The CBDC was introduced in October 2021. "The Hash" panel discusses the eNaira experiment and crypto's use case as an alternative to economic uncertainty.
