Former CFTC chair urges US to develop privacy-focused CBDCs

2023-3-14 14:23

Christopher Giancarlo, the former chair of the Commodity Futures Trading Commission (CFTC), has called for the United States to take the lead in developing Central Bank Digital Currencies (CBDCs) that prioritize individual privacy and democratic values.

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cbdcs former cftc chair lead digital bank

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Источник: btcmanager.com

cbdcs former → Результатов: 18

US lag in CBDCs might bode disaster, says US expert

A Former CIA officer has warned that the US is at risk of loosing its hold on global finance due to the potential of stable coins which china seems to be leading the adoption race.

2023-3-1 15:22	United States
finance due hold potential global stable leading

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US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head

A former CIA analyst doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar but may cause geopolitical headaches.

2023-3-1 09:37
stage global cbdc chinese-led movement dollar geopolitical

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Former Ripple Chief Engineer Slams CBDC on XRP Notion, Here's Why

Idea of CBDCs running on XRP is absurd, Nick Bougalis says

2023-2-10 12:51
xrp running cbdcs says bougalis nick absurd

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Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Looking to buy BTC to avoid the CBDC “horror story?” The best time was “yesterday,” the former BitMEX CEO said.

2022-11-7 15:20	CBDC
cbdc horror btc buy story avoid best

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Russia sanctions could push other countries to develop their CBDCs

Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally. The former head of payments and settlements department at the Bank of Japan sees countries such as China exploring CBDCs to counter the dominance of US dollars.

2022-3-17 04:00	Russia
cbdcs countries bank could department japan settlements

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Former CFTC Chair Giancarlo on Russian Sanctions, CBDCs and Dollar Hegemony

If the U.S. doesn’t move on a digital dollar, it can lose its technological and financial edge, “Crypto Dad” told CoinDesk TV.

2022-3-1 01:55	policy
dollar financial technological lose edge coindesk told

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Former CFTC chair Giancarlo joins CoinFund as an adviser

Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation.

2022-1-14 20:00	venture capital
giancarlo called cbdcs harm blockchain regulation approach

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Could the proposed US ‘digital dollar’ be self-annihilating? Edward Snowden seems to say so

Former Central Intelligence Agency (CIA) and National Security Agency (NSA) subcontractor and whistleblower, Edward Snowden, who recently published an opinion article concerning central bank digital currencies (CBDCs), continued to discuss the danger behind their adoption on Twitter.

2021-10-11 22:00	BTC
central edward snowden digital agency currencies bank

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UBS Advisor Van Steenis says Central Banks Are Not Threatened by Crypto

Former Bank of England advisor Huw van Steenis has stated that central banks are not running scared of cryptocurrencies. He believes retaining control of money forms the crux of their move towards central bank digital currencies (CBDCs).

2021-5-22 15:10	UBS
central banks bank van advisor steenis forms

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Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.

2021-5-5 16:00	CBDCs
digital dollar central bank currencies focused five

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Larry Summers: Bitcoin and Cryptocurrencies are Emerging as Kind of ‘Digital Gold’

The former Treasury Secretary also wants the Fed to be a “bit more aggressive” in their approach to CBDCs. The post Larry Summers: Bitcoin and Cryptocurrencies are Emerging as Kind of ‘Digital Gold’ first appeared on BitcoinExchangeGuide.

2021-4-30 15:52	Gold Store of Value
kind digital larry gold bitcoin summers emerging

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CBDCs, Bitcoin, or stablecoins? Here's Mastercard CEO's take on each

Over the past few months, many former critics have started to acknowledge and even embrace Bitcoin as an alternative asset class. However, while that may be the case, Mastercard CEO Ajay Banga definitThe post CBDCs, Bitcoin, or stablecoins? Here's Mastercard CEO's take on each appeared first on AMBCrypto.

2021-3-28 10:30	BTC Trading View
ceo mastercard bitcoin stablecoins each take cbdcs

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Former Canadian PM believes BTC is a potential reserve currency

Stephen Harper, Canada’s former prime minister, believes that bitcoin (BTC) and CBDCs could constitute a basket of reserve currencies that will replace the US Dollar. He said this in an interview with Jay Martin, the CEO of Cambridge House, at the Vancouver Resource Investment Conference on January 18.

2021-1-19 17:53	Cryptocurrency
former reserve btc believes jay said interview

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Bitcoin And Libra Can Coexist With CBDCs, Says Former Reserve Bank Of India Governor

With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India.

2020-8-20 13:01	xbtusd
digital bank india governor bitcoin currencies central

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Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation

A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”.

2020-8-3 17:26
substitute currencies bank china digital cash president

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Japanese Ex-Central Banker: Libra Spurred Us to Take CBDCs Seriously

The former head of payments and settlements at the Bank of Japan says Facebook’s Libra spurred institutions to look seriously into digital currency issuance

2020-1-22 12:48	доллар
seriously spurred libra facebook says bank institutions

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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U. S. Federal Reserve to explore central bank-issued digital currencies (CBDCs).

2018-6-13 05:40	Virtual Currency
chair could former consequences federal cbdc bair

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US House to vote on FIT21 Act, aiming to clarify US crypto regulations

The U.S. House of Representatives is set to vote on the Financial Innovation and Technology for the 21st Century Act (HR 4763), commonly referred to as FIT21, by the end of this month. According to a letter from a16z, this…

Oklahoma passes bill protecting rights to self-custody crypto

Oklahoma has passed a bill to safeguard residents' rights to self-custody digital assets, including crypto, effective Nov. 1.

ARKB ETF records $133 million in inflows as BTC surged

Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…

New stablecoins law proposed in US — but what are the pros and cons?

Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…

New US bill aims to eliminate double taxation on crypto staking rewards

Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…

Crypto community reacts to Changpeng Zhao’s 4-month sentence

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…

Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]

2023-3-14 14:23

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