cbdc

CDCROP: Dubai (Kent Tupas/Unsplash)
UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024
The first phase of the Digital Dirham is expected to be completed over the next 12 to 15 months.
CDCROP: Dubai (Kent Tupas/Unsplash)

Will a Digital Dollar Solve the Crypto Ransomware Problem?
Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo
Political attacks on CBDCs give a pass to existing government and commercial oversight of financial transactions and forfeits opportunity to shape global standards in accord with American values, says Christopher Giancarlo, co-founder of the Digital Dollar Project.
Will a Digital Dollar Solve the Crypto Ransomware Problem?

Florida Gov. Ron DeSantis (Scott Olson/Getty Images)
In Defense of a Digital Dollar
Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar.
Florida Gov. Ron DeSantis (Scott Olson/Getty Images)

1 Dollar Bill (Rachel Sun/CoinDesk)
Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar
The putative presidential candidate’s legislation to ban a CBDC at the state level is constitutionally unworkable. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras.
1 Dollar Bill (Rachel Sun/CoinDesk)

U.S. Sen. Ted Cruz (R-TX) speaks during the annual Conservative Political Action Conference (CPAC) on March 2, 2023 in National Harbor, Maryland. (Alex Wong/Getty Images)
GOP Sen. Ted Cruz Proposes Ban on a CBDC
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis.
U.S. Sen. Ted Cruz (R-TX) speaks during the annual Conservative Political Action Conference (CPAC) on March 2, 2023 in National Harbor, Maryland. (Alex Wong/Getty Images)

Nigerians form long queues at ATMs as cash shortages continue (TVC News)
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year.
Nigerians form long queues at ATMs as cash shortages continue (TVC News)

Florida Gov. Ron DeSantis (Scott Olson/Getty Images)
Florida Gov. Ron DeSantis Proposes Law to Ban CBDCs
The Biden administration is studying the possibility of introducing a central bank digital currency.
Florida Gov. Ron DeSantis (Scott Olson/Getty Images)

Reserve Bank of India (Shutterstock)
India and UAE to Collaborate on Developing Digital Currencies
The countries will see if their central bank digital currencies will be interoperable.
Reserve Bank of India (Shutterstock)

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EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
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U.S. Rep. Tom Emmer, House majority whip
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
Majority Whip Tom Emmer is seeking to halt the Federal Reserve’s ability to issue a new digital dollar.
U.S. Rep. Tom Emmer, House majority whip