Central Bank Digital Currency

Central Bank Digital Currencies can do whatever crypto does... CBDCs even have more benefits than crypto, minus the risks associated with private cryptocurrencies.

The African Central Bank of Eswatini recently released the Digital Lilangeni report on Central Bank Digital Currency (CBDC). The digital currency will be pegged to the South African rand (ZAR) and aims to promote local payment convenience, financial inclusion, and increase the efficiency of cross-border payments with neighboring countries.

Senate candidate John Deaton stands firmly against a Federal Reserve-issued CBDC and advocates for greater regulatory clarity and government accountability, particularly in the crypto space.

Accenture has invested in fintech startup Emtech, aiming to enhance CBDC infrastructure for central banks. The partnership aligns with Accenture’s ongoing efforts to shape the future of digital currencies and modernise global banking systems.

The Hong Kong Monetary Authority (HKMA) launched the Project Ensemble sandbox on August 28, focusing on real-world asset tokenization and interbank settlement using a wholesale central bank digital currency (wCBDC).

In a surprising twist of events, China seems to be changing its tune on Bitcoin. While the country has been known for its restrictive stance on cryptocurrencies, recent legal developments suggest a potential shift in perspective.

Trump outlined his crypto policies at the Bitcoin 2024 Conference, including creating a national Bitcoin stockpile; dismissing SEC Chair Gary Gensler; dissing Kamala Harris; pledging to commute the sentence of Silk Road’s Founder; and more. BTC price boomed but is now nearing $70,000, just 6% from its ATH.

The financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?

在宣布接受加密货币捐款之后，唐纳德-特朗普继续重申他对加密货币的热爱，同时对乔-拜登大放厥词，并宣布他将为丝绸之路的创始人减刑。但是，倡导者们对政客们支持加密货币的转变提出了警告；这一切是否只是为了赢得选票？

定义未来货币的全球竞赛愈演愈烈，130 多个国家和货币联盟（占全球 GDP 的 98%）都在积极探索 CBDC。