CBDC
Argentina Elects Bitcoin Advocate Javier Milei in Presidential Election
In a decisive victory, Argentina’s Bitcoin-friendly Javier Milei clinched the presidency in the run-off election on November 19, securing over 55% of the votes with 99% counted. Bloomberg data revealed Milei’s triumphant lead, boasting nearly 3 million votes more than his opponent, Sergio Massa, the country’s minister of economy. Moreover, Massa graciously conceded before announcing […]
US House Committee Takes Center Stage in CBDC Debate
In a significant development, the United States House Financial Services Committee is taking decisive steps to address the issuance of a central bank digital currency (CBDC). Chairman Patrick McHenry has announced that the Committee is scheduled to convene on September 20th for the markup session of two bills pertinent to the potential digital dollar. Markups […]
South Korean Banks Exploring Tokenized Deposit: Stablecoins & CBDCs Alternative
Tokenized deposit technology is gaining popularity in South Korea, as private banks like Hana Bank and Woori Bank based in Seoul are actively exploring the potential of “certificate of deposit” tokens (CDs). A recent report by Maeli Business News Korea highlights their deep interest in this innovative financial instrument. Tokenized Deposits: A Secure Alternative to […]