Member of the Texas House of Representatives, Cody Harris, believes that the development of a gold-backed digital currency will encourage crypto adoption.
Digital assets played a large part in the US Treasury's 2024 Q4 report. In the 132-page presentation to the Treasury Borrowing Advisory Committee (TBAC), the agency introduced different financial aspects, including the rapid growth of stablecoins, tokenization, and their use in the Treasury Market.
The United States House Committee on Financial Services has approved a bill prohibiting the Federal Reserve from developing a central bank digital currency (CBDC) in the United States.
U.S. Republican Senators are drafting a bill aimed at preventing the Federal Reserve from autonomously deciding on the introduction of a Central Bank Digital Currency (CBDC).
The Bank of England, together with the UK's Treasury, is actively deliberating the risks and advantages of introducing a Central Bank Digital Currency, dubbed Britcoin. Their focus is on its potential economic impact and benefits for UK citizens.
The Central Bank of South Korea is embarking on a significant trial of a Central Bank Digital Currency (CBDC), incorporating basic features. The research is designed to assess the practicality and effectiveness of introducing such a digital asset.
Under the leadership of Tom Farley, ex-President of NYSE, Bullish, an institutional crypto exchange, has officially taken ownership of the news platform CoinDesk from Digital Currency Group. Investment plans are in place for CoinDesk, though details remain under wraps.
Chinese oil and gas giant PetroChina has achieved a historic milestone by completing the first international crude oil trade using China’s central bank digital currency (CBDC), the e-CNY.
New York Attorney General Letitia James has filed a lawsuit against major cryptocurrency firms, including Gemini, Genesis Global Capital, and Digital Currency Group, accusing them of a $1 billion fraud.
Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.
Banco Inter, Microsoft, 7COMm, and Chainlink have joined the second stage of Brazil’s DREX digital currency pilot, initiated by the Central Bank of Brazil. The first phase, launched in May 2023, tested the platform’s capabilities.
Digital Currency Group (DCG), the parent company of the insolvent crypto lender Genesis, has officially opposed the client compensation plan.DCG's critique centers on the belief that the proposed method for asset reimbursement excessively surpasses the initial debt value.
U.K. House of Commons Treasury Committee lawmakers, in its recent report, have urged the government to reconsider the regulations for a potential Central Bank Digital Currency (CBDC). Proposed changes include setting a lower limit on individual holdings (up to £3,000) and the option to earn interest on these holdings.
The Philippines’ Bureau of the Treasury collaborates with the nation's central bank to use digital currency (CBDC) for the sale of tokenized government securities. This week, the government successfully raised $271 million through tokenized one-year bonds.
The Botev Plovdiv football club has embraced the world of digital currency by integrating Bitcoin payments through the Lightning Network. Now, fans can purchase merchandise at the stadium or local fan shops using the leading cryptocurrency.
European information protection authorities have issued recommendations for regulating the central bank digital currency (CBDC), the digital euro.
Following a comprehensive two-year study, the European Central Bank has initiated the next stage in the development of a potential central bank digital currency (CBDC).
The Argentine peso has hit an all-time low in response to presidential candidate Sergio Massa's proposal to introduce a digital currency.
