Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he…
Read More »Zimbabwe To Introduce Its Digital Currency Backed By Gold
Zimbabwean authorities have decided to introduce a new digital currency that will be backed by gold. The new central bank digital currency (CBDC) can be used as a means of…
Read More »Bloggers Got It All Mixed Up Again: IMF Will Not Launch Its CBDC
Several reports that the International Monetary Fund (IMF) is about to launch the global central bank digital currency (CBDC) last week, shook the crypto community. However, the information in the…
Read More »Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The…
Read More »Bhutan Advances Financial Inclusion and Sustainability with Ripple’s CBDC Solution
Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary Authority (RMA), who will use Ripple’s CBDC solution to pilot a central bank digital currency…
Read More »Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency
The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens.
Read More »China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
China is accelerating its pursuit of a digital yuan that is anticipated to be finally rolled out before the end of 2021. One of the reasons to issue its own…
Read More »South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained…
Read More »3 Major Economic Implications of Central Bank Digital Currencies
The COVID-19 pandemic has opened the eyes of many central banks and has now taken a route of fintech innovation. Some of the major tools being currently looked at is…
Read More »China Getting Closer to the Release of a Digital Yuan: Trials Extended
As many countries are competing to see who will be the first to launch an effective working central bank digital currency (CBDC), China seems to be in the lead of…
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