Politico is reporting that a group of House conservatives are trying to tie a vote on Rep. Tom Emmer’s (R-MN) central bank digital currency bill to a deal on broader cryptocurrency legislation.
China and India lead the BRICS CBDC race, with distinct strategies driving their digital currency innovations and adoption.
The US lawmaker’s bill comes just weeks after Rep. Tom Emmer reintroduced an identical bill in the lower chamber of Congress. US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal ...
The House of Representatives has officially passed the CBDC Anti-Surveillance State Act, a sweeping bill designed to block the Federal Reserve from issuing or testing a central bank digital currency ...
India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system ...
Banks will let investors use Chinese CBDC to buy stocks and bonds. Digital yuan holders will get 0.05% quarterly interest ...
The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlements — by adding new trading partners in Asia and the Middle East. According ...
Over 130 countries, including China, India and Cambodia, are exploring the development and implementation of central bank digital currencies (CBDCs). These centralised digital forms of fiat currency ...
How could practitioners assess the domestic financial stability implications of retail CBDC? This chapter identifies six key transmission channels through which CBDC can affect financial ...
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