MAS unveils collaboration on CBDC project
The MAS has launched Ubin+, an expanded collaboration on a cross-border foreign exchange using wholesale CBDC.
Desantis Announces Plan For Blocking Centralized Digital Currencies In Florida I DeSantis
Desantis Announces Plan For Blocking Centralized Digital Currencies In Florida I DeSantis
Florida Governor and presidential hopeful Ron DeSantis spoke in Panama City to discuss economic issues in the United States. He said he would not want the U.S. Central Bank to create a federally-controlled, centralized digital currency, and said doing so would impact residents, and create more avenues for them to “exercise their agenda.” DeSantis said the state of Florida would be calling on the legislature to expressly forbid centralized bank digital currencies for use in the state’s commercial code, as a method of protecting Floridians from economic or financial surveillance.
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BEWARE THE CBDC… Central Bank Digital Currencies are TERRIFYING
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⏰ Timestamps ⏰
00:00 The CBDC Crisis is looming
02:15 Why CBDCs are legitimately terrifying
04:43 Government crackdown on crypto
07:25 Cryptocurrency fixes the monetary system
09:54 Protect your rights!
11:00 Digital ownership and NFTs
12:35 CBDC Conspiracy theory?
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Singapore has no ‘real use case’ for a central bank digital currency, says MAS
Sopnendu Mohanty of the Monetary Authority of Singapore, however, says central bank digital currencies can be extremely useful in emerging markets where many people are unbanked.
Bank of England Launches Digital Pound CBDC Project
The Bank of England has officially launched its digital pound CBDC project as a “new form of money,” for households and businesses. An official consultation paper distributed by the Bank of England and HM Treasury outlines the new project and the various facets of the digital pound.
The CBDC project from the UK has been in the works for some time, with many anxious about its eventual release. According to the documents, the digital currency would be issued by the nation’s central bank. Households and businesses would access it through digital wallets.
Source: https://watcher.guru/news/bank-of-england-launches-digital-pound-cbdc-project?c=294
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