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The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated…
The European Union is moving forward with plans for a digital euro, with the primary goal of helping the bloc reduce its dependence on foreign financial systems. EU Approves Roadmap…
Maxim Ryzhenkov, the Foreign Minister of Belarus, stated that the upcoming BRICS settlement platforms should implement these digital currencies “as they become legally and technically ready for integration.” He emphasized…
The recent inaugural NYC Digital Asset Summit Roundtable, hosted by Mayor Eric Adams, focused on New York City’s strategy for engaging with the blockchain sector. Key participant Joshua Maddox stressed…
The Central Bank of Russia announced that large payments using the digital ruble framework will debut in 2026, providing an official update after the postponement of its launch in March.…
The co-founder of COTI believes the controversy surrounding central bank digital currencies will subside as major financial players adopt the technology and optimal designs are established. The co-founder however downplayed…
Bitcoin Magazine Israel’s New Study Shows 51% of Public is Interested in Adopting CBDC (Digital Shekel) – Is That So? On April 1st, at the KPMG offices in Tel Aviv,…
Bitcoin Magazine Stablecoins Are The CBDCs People like to refer to Bitcoin as a trojan horse that we are going to smuggle into the legacy financial system and government. Stablecoins…
Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil…
Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue…