In July 2022, the Uniform Law Commission and American Law Institute approved new amendments to the Uniform Commercial Code (UCC). As the Uniform Law Commission states, “The Uniform Commercial Code ...
Under the leadership of President Joe Biden, the White House and the Federal Reserve have started to lay the groundwork for a programmable, trackable, easily manipulated digital currency. It might ...
South Dakota Governor Kristi Noem just vetoed a little-publicized, but extremely important bill that would have made it easier for the federal government to implement a central bank digital currency ...
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. Issuing a central bank digital currency (CBDC) requires adequate attention to security ...
Florida Governor Ron DeSantis announced Monday, from behind a podium that propped up a green sign saying “Big Brother’s Digital Dollar,” plans to introduce legislation that would ban any central bank ...
India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges, several people familiar ...
The U.S. Department of the Treasury has released comments from Undersecretary for Domestic Finance Nellie Liang on the “Next Steps to the Future of Money and Payments,” addressing CBDCs and the ...
In the era of rapidly evolving monetary systems, central bank digital currencies (CBDCs) have emerged as a new frontier. Already live in various developing and emerging market economies — namely ...
Cryptopolitan on MSN
Hong Kong’s central bank is pushing ahead with its digital currency and fintech infrastructure under the “Fintech 2025” strategy
Hong Kong is setting its sights on the next phase of digital finance as the Hong Kong Monetary Authority (HKMA) advances its central bank digital currency (CBDC) agenda and strengthens data ...
Information and financial technology services company Accenture has invested in fintech startup Emtech, which provides software-as-a-service to central banks and fintech companies. Accenture plans to ...
I read with interest that Venezuela’s national cryptocurrency, the Petro (PTR), ceased operations in January. It was introduced with the goal of helping the country evade United States sanctions but ...
In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital currency (CBDC). The shortage ...
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