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.

Mar 22, 2023

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.

Mar 22, 2023

A legislative proposal from Florida Governor Ron DeSantis would prohibit using a national central bank digital currency (CBDC) as money within his state. This comes as the Biden administration is studying the possibility of introducing a CBDC. "The Hash" panel weighs in on an issue that is likely to get more prominence as the next U.S. presidential election starts to heat up.

Mar 21, 2023

India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions from the network's ledger in order to maintain anonymity, a highly placed person told CoinDesk. "The Hash" panel discusses the wider implications of preserving privacy on the blockchain, as lawmakers and individuals across the world have been concerned about the potential surveillance aspects of CBDCs.

Mar 21, 2023

The U.S. Federal Reserve is set to launch its long-awaited instant payments service "FedNow" in July. "The Hash" panel discusses the rollout amid a global race to central bank digital currencies (CBDCs).

Mar 16, 2023

By Adrian Blust, Adam B. LevineMar 5, 2023

Host Joel Flynn discusses the potential impact of central bank digital currencies (CBDCs) on the crypto industry. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Mar 2, 2023

By Nathaniel WhittemoreFeb 26, 2023

Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election. Still, people are not turning to the national digital currency, the eNaira, which promised to improve retail payments. "The Hash" panel discusses the case for crypto adoption and CBDCs in Nigeria amid economic uncertainty in the country. 

Feb 24, 2023

Policy

Nais ng sentral na bangko ang ganap na kontrol sa eNaira, at nasa maagang pakikipag-usap sa blockchain platform R3 upang bumuo ng isang bagong sistema upang suportahan ang digital currency, ayon sa ulat.

By Sandali HandagamaFeb 21, 2023