Tagged: cbcd

US Presidential Candidate Vivek Ramaswamy Rejects Central Bank Digital Currencies

U.S. Republican presidential candidate Vivek Ramaswamy has voiced strong opposition to Central Bank Digital Currencies (CBDCs), emphasizing the risks they pose to individual freedoms and privacy. In a recent social media post, Ramaswamy firmly rejected the idea of CBDCs, suggesting they pave the way for… Read More

Swiss National Bank Launches Pilot for Wholesale Central Bank Digital Currency

The Swiss National Bank said on Thursday it will start a pilot project next month using central bank digital currency (CBDC) for financial institutions. The project, named Helvetia Phase III, will involve the use of wholesale CBDC on the SIX Digital Exchange (SDX) platform, a… Read More

The Digital Pound Moves Forward: HM Treasury and Bank of England Launch Consultation on CBDC, No Decision on DLT

HM Treasury and the Bank of England have announced a new consultation on the possibility of a digital pound. According to a joint statement, The consultation is being launched as the UK government wants to ensure the public has access to “safe money” while supporting… Read More

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