Opinion
Potential consequences of implementing universal basic income
UBI promises more equality, freedom, and happiness. But a dig deeper calls for skepticism around "free money."
Samuel Wan 6 min read
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Regulation
IMF warns banning crypto may not be an effective long-term strategy
The IMF said CBDCs present a more appropriate choice over crypto, particularly in Latin American and Caribbean countries.
CBDCs
BIS says crypto is a ‘flawed system’ but tokenization could underpin future financial system
According to the BIS, crypto inherently lacks the trust that money needs — which only central banks can provide.
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CBDCs
IMF wants to create a global CBDC platform to compete with threat of crypto
The IMF believes central banks need to create a global CBDC system to combat the threat of cryptocurrencies.
CBDCs
Colombia’s central bank to pilot Ripple’s CBDC Platform
Colombia's central bank will explore blockchain use cases for Ripple's CBDC Platform.
AI
Digital euro proposal set for debate as EU advances AI restrictions legislation
Separate proposals could impose restrictions in each area.
CBDCs
US lawmakers introduce bill to prevent digital dollar pilot program
US lawmakers are taking an increasing stand against the introduction of a national digital currency, highlighting the dangers attached to it.
CBDCs
Coinbase CEO considers China’s digital payments industry an ‘ambitious adversary’
Brian Armstrong urged for competitive U.S. crypto policies in an op-ed.
CBDCs
ECB’s Panetta deems digital euro necessary to ensure central bank money dominance
Fabio Panetta said the digital euro could be launched within three to four years if all member states agree to do so.
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Analysis
Nigeria CBDC experiment stumbles amid public resistance: Report
CBDCs
Ripple CTO confirms its CBDC Platform’s ability to use XRP token
CBDCs
ECB believes digital euro is necessary despite lukewarm response from banks, consumers
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