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    Tag: CBDCs

    Federal Reserve’s Barr Suggests Regulation for Stablecoins

    Community
    Cryptory.net - In prepared remarks, Michael Barr, a prominent Federal Reserve official, stated that it is imperative to regulate stablecoins.

    The US Federal Reserve’s View on CBDC and the Push for Bitcoin and SHIB

    Community
    Cryptory.net - While the Federal Reserve Governor maintains a skeptical stance on central bank digital currencies (CBDCs), there are individuals who advocate for the United States to consider investing in decentralized tokens such as Bitcoin and SHIB as a means to mitigate the effects of inflation.

    China to Launch First National NFT Marketplace

    News
    The upcoming NFT marketplace is a big step for China, a country that has been harsh on cryptocurrencies for years.

    Australia Plans to Pilot CBDC – eAUD in 2023

    Community
    The Reserve Bank of Australia (RBA) has gone public with a pilot project for eAUD.

    CBDCs Will Be a Big Threat for DeFi and Stablecoins

    Analysis & prediction
    In a live stream on Wednesday, The Bank of England estimates that 20% of deposits all over the world could potentially move toward CBDCs, which will affect strongly permissionless finances like DeFi and Stablecoins.