CBDCs
Coverage of CBDCs in the Nexus archive.
- ECB defends digital euro privacy as CBDCs face global scrutiny
The ECB is defending the privacy aspects of the digital euro amidst global scrutiny of central bank digital currencies (CBDCs). Piero Cipollone stated that the Eurosystem would ensure that digital euro users cannot be identified, addressing worldwide concerns regarding privacy.
- Donald Trump says ‘nothing wrong’ with $1.4B crypto windfall while in office
The US President stated there is 'nothing wrong' with earning over $1 billion from crypto ventures while in office, as Congress debates a digital asset market structure bill and legislation to ban CBDCs awaits his action.
- Digital euro is key to counter stablecoin risks, says ECB’s Schnabel
Isabel Schnabel, an ECB board member, stated that central banks should address stablecoin risks through strong regulation and the development of CBDCs like the digital euro.
- South Carolina Passes Law Banning CBDCs While Protecting Crypto Users, Bitcoin Miners
South Carolina has passed a law banning CBDCs while protecting crypto users and Bitcoin miners. The legislation was signed into law on Tuesday, providing protections to crypto users, developers, and Bitcoin miners. This move is seen as a positive development for the crypto industry in the state.