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…

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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…

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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…

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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…

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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…

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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.

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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…

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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…

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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…

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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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