mBridge Cross-Border CBDC Project Progresses Toward MVP Launch
The mBridge project, which focuses on cross-border central bank digital currencies (CBDCs), is making progress toward its minimum viable product (MVP) launch. The project has recently announced plans to onboard new participants, potentially including central banks from Southeast Asian countries. Cur ...
Ripple Launches CBDC and Stablecoin Development Platform, Partnering with Republic of Palau
Central Banks will be able to launch CBDC Ripple is already partnering with the Republic of Palau Crypto firm Ripple announced the launch of its CBDC and Stablecoin development platform. The statement says the site will allow "management and customization of t ...
European Banking Authority Calls for Central Bank Ban on Large Stablecoins
European Banking Authority (EBA) believes that central banks should impose a ban on large steblecoins if they pose a threat to the monetary policy of specific countries. It was stated by the chairman of EBA José Manuel Campa, speaking at a symposium on central banks and dig ...
Ray Dalio Prefers Gold Over Bitcoin
In a recent interview on Chris Williamson’s YouTube podcast, billionaire Ray Dalio shared his thoughts on Bitcoin, revealing that he has a small amount of the cryptocurrency, but still prefers gold. Despite admitting to having some BTC, Dalio remains cautious about the digital asset, warning that ...
Digital Currencies of Central Banks to Grow by 210,000% by 2030, Juniper Research Finds
According to recent findings from Juniper Research, digital currencies issued by central banks are expected to experience significant growth by 2030, with transactions increasing by a staggering 210,000% to a value of $213 billion. Analysts believe that this surge will be fueled by central banks' ...