Friday, June 9, 2023
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Money 20/20 looks at the frontiers of crypto policy and evolution of CBDCs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied At Money20/20 in Amsterdam, a panel titled “CBDC’s: The Next Steps” discussed the potential of central bank digital currencies (CBDCs), decentralized finance (defi), and decentralized autonomous organizations (DAOs). These concepts carry significant implications for the global

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Ripple Starts CBDCs Platform For Central Banks to Customize and Issue Digital Currency

Using Ripple's platform government institutions can manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning. Financial institutions would also be able to manage and participate in inter-institutional settlement and distribution functions using the CBDC. Original Source

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Florida governor signs CBDC bill into law, restricting some uses of US and foreign CBDCs

Florida Governor Ron DeSantis signed a bill restricting the use of central bank digital currencies (CBDCs) in the state, according to local news sources. The governor urged state lawmakers in March to draft the bill. The new law prohibits the use of a United States federal CBDC “as money within Florida’s

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Kennedy Jr. is against Biden’s crypto tax plan, raises privacy concerns about CBDCs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robert Kennedy Jr. has spoken out against President Biden’s proposed 30% tax on cryptocurrency mining, emphasizing the importance of financial privacy and the need to support innovation within the crypto industry. Recently, Robert Kennedy Jr. voiced his

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