Will CBDCs Take Over the World? We Hope Not, Say Crypto Community

2023-2-3 01:00

Central Bank Digital Currencies (CBDCs) are often touted as the future of money. They scare some and excite others. What's the truth? The post Will CBDCs Take Over the World? We Hope Not, Say Crypto Community appeared first on BeInCrypto.

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cbdcs say crypto hope community take world

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Central Banks of UAE and Saudi Arabia Say CBDCs are More Efficient and Can Preserve Privacy

The conclusion of Project Aber and subsequent review by the Central Banks of the Kingdom of Saudi Arabia (Saudi Arabian Monetary Authority) and the United Arab Emirates (CBUAE) shows that Distributed Ledger Technology (DLT) can improve remittance and satisfy privacy demands despite it being technically untenable, a joint report on Nov 28 reveals.

2020-12-1 02:00


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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles 

Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020.

2020-3-4 18:00