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Why Is XRP Rallying 8% Today?
Monday, November 6, 2023 - 2:23am | 537Ripple’s native token, XRP (CRYPTO: XRP), has experienced a surge of 8% today, surpassing the performance of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the last 24 hours. What Happened: As of the time of writing, XRP was trading at $0.67, while both Bitcoin and Ethereum recorded...
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10% Weekly XRP Price Gain Inspires Significant Whale Transfers To Centralized Exchanges
Friday, November 3, 2023 - 12:09pm | 545Ripple (CRYPTO: XRP) saw a 10% surge in its weekly price movement as it took to unlocking 1 billion XRP in three escrow accounts as part of its usual monthly practice. What Happened: Blockchain tracker, Whale Alert data as reported by CoinGape indicated that an unidentified wallet transferred 50...
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Indian Banks Up The Digital Currency Game By Offering Incentives To Users
Friday, October 27, 2023 - 2:55pm | 609The Reserve Bank of India (RBI) is among the banks in India looking to rapidly increase the country’s digital currency trading volumes and promote the use of Central Bank Digital Currency (CBDC) e-rupee. Incentives such as cashback along with reward...
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Deutsche Bank, SC Ventures Trial SWIFT Messaging Layer For Stablecoins And CBDCs
Thursday, October 26, 2023 - 5:36pm | 449Deutsche Bank (NYSE: DB) and Standard Chartered’s (OTCMKTS: SCBFF) SC Ventures have undertaken a testing system enabling blockchain-based transactions, stablecoins, and CBDCs to interact with one another just like the SWIFT messaging layer in legacy banking infrastructure. Find out details...
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Fed Governor Michelle Bowman Says Creation Of US CBDC 'Could Pose Significant Risks'
Tuesday, October 17, 2023 - 3:44pm | 542Michelle Bowman, a member of the U.S. Federal Reserve Board, expressed reservations about the necessity and viability of a U.S. central bank digital currency (CBDC). During a discussion at Harvard Law School on Tuesday, she said, "The potential benefits of a U.S. CBDC remain unclear, and the...
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Mastercard Enables Tokenization Of CBDCs On Different Blockchains Under RBA Project
Thursday, October 12, 2023 - 2:13pm | 520Global payments company Mastercard (NYSE: MA) derived a solution wherein central bank digital currency (CBDC) will be allowed to be tokenized on different blockchains. This will expand the available payment options for consumers. Find out more about digital assets like CBDCs. Meet and engage...
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Joe Rogan Tells Sam Altman That Bitcoin Can Become A 'Universal Viable Currency' — Admits CBDCs 'Scares The Sh*T Out Of Me'
Monday, October 9, 2023 - 1:58am | 593Podcaster Joe Rogan expressed his optimism for Bitcoin (CRYPTO: BTC), highlighting its potential to become a “universal viable currency.” What Happened: In an episode of The Joe Rogan Experience podcast on Friday, Rogan said that Bitcoin’s limited supply and decentralized mining...
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Bank Of Korea Partners With Financial Authorities For CBDC Pilot: No Final Rollout Promised
Wednesday, October 4, 2023 - 10:09am | 607Working on setting up a CBDC pilot project from at least 2020, the Bank of Korea has now partnered with two other financial authorities and announced the launch of a wholesale CBDC pilot project with banks and institutions. However, the government does not ensure any implementation. What...
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Ripple Withdraws From Fortress Acquisition; Hand-Picked For NBG List
Friday, September 29, 2023 - 3:30pm | 695Two significant developments occurred for Ripple this week; the company withdrew from the Fortress acquisition, as the inclusion of Ripple Labs in the NBG’s exclusive list marked notable gains in price and volume for XRP (CRYPTO: XRP). What Happened (Fortress Deal)? In...
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Robert Kiyosaki Goes Back To Loving Bitcoin, Thanks To Fear Of CBDCs: 'Big Brother Will Be Watching'
Friday, September 29, 2023 - 5:59am | 694Robert Kiyosaki, the author of “Rich Dad Poor Dad,” on Thursday tweeted about the future of Bitcoin (CRYPTO: BTC) in light of the potential introduction of a Central Bank Digital Currency (CBDC). What Happened: Kiyosaki raised concerns about the erosion of privacy and the increasing...
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Republicans Push To Halt CBDC, Democrats Warn Of US Falling Behind
Wednesday, September 20, 2023 - 5:24pm | 621The U.S. House of Representatives is set to deliberate on a new crypto bill after it received the green light from a committee on Wednesday. This move signified a step forward for the digital assets legislative process in Congress. The bill, championed by Republicans in the House...
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U.S. Congressman Rudolph Yakym Joins Support For Anti-CBDC Bill To Protect Financial Privacy Right
Monday, September 18, 2023 - 6:29pm | 391U.S. Rep. Rudolph Yakym (R-Ind.) announced on Monday support for the earlier reintroduced CBDC Anti-Surveillance State Act by Majority Whip Tom Emmer, as reported by CoinGape. The act is to halt “The efforts of unelected bureaucrats in Washington, D.C. from issuing a central...
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GOP Pushes Forward Bills Aimed At Banning CBDC: 'Cast It Into The Fire'
Friday, September 15, 2023 - 4:04am | 705The Republican party is pushing ahead with new legislation designed to stop the launch of a Central Bank Digital Currency (CBDC) within the United States. What Happened: As detailed by Decrypt on Wednesday, the House Financial Services Committee debated three bills that seek to limit the Federal...
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Rep. Tom Emmer Reintroduces Bill To Thwart CBDCs — President Biden Is Compromising Right To Financial Privacy
Wednesday, September 13, 2023 - 2:18am | 712In a move to safeguard the financial privacy of U.S. citizens, Republican Representative Tom Emmer (R-Minn.) has brought back the “CBDC Anti-Surveillance State Act” in the United States House of Representatives. What Happened: As reported by Cointelegraph,...
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Mastercard Wants To Make CBDCs Easier To Use, Partners With Ripple, Consensys, Fluency, Fireblocks
Monday, September 11, 2023 - 9:42am | 454With rising global interest in central bank digital currency (CBDCs), Mastercard (NYSE: MA) is firm on supporting the central bank with its CBDC program which was initially launched in August 2023. The program’s partners include Ripple, Consensys, Fluency, and Fireblocks. “Our goal is...