#digital currency
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CBDCs Need to Be the Main Digital Currency, Says US Treasury
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 Pros and Cons of 'Britcoin': UK's CBDC in the Spotlight
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. 
Bullish Crypto Exchange Takes Over CoinDesk
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. 
Cryptocurrency Under the Skin: The Future is Here!
Vivo Key Technologies and Dangerous Things developed a cryptocurrency wallet that can be implanted under the skin. Say goodbye to the hassles of lost passwords and security breaches! This innovative implant ensures your digital currency is secure—unless someone literally steals your hand. Be mindful in stores, as a simple hand wave could lead to unintended purchases. Indian Railways Introduces NFT Train Tickets
Indian authorities strive to stay competitive in the crypto market. Their efforts span several sectors, including blockchain-based state registries, a Central Bank Digital Currency (CBDC) launch, and public metaverses. Indian Railways is now contributing to this technological push with its innovative offering. DCG Challenges Overgenerous Genesis Compensation Plan
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. UK Aims to Revamp CBDC Regulations
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. Philippine Officials Forge Ahead with New Technologies
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. 
