# Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency

# Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency

“# Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency ” One of the few high-profile public officials to have served under both the Obama and Trump administrations, Chris Giancarlo is a former Wall Street executive-turn-regulator who is widely-respected by nearly all parties on Capitol Hill. As the former Chairman of the Commodities…

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# Digital euro offers better privacy protections than private stablecoins: ECB official

# Digital euro offers better privacy protections than private stablecoins: ECB official

“# Digital euro offers better privacy protections than private stablecoins: ECB official ” European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of…

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# Indonesia’s central bank marshals staff to enforce crypto payments ban

# Indonesia’s central bank marshals staff to enforce crypto payments ban

“# Indonesia’s central bank marshals staff to enforce crypto payments ban ” Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means of payment. During a virtual seminar on Tuesday, June 15, Warjiyo reiterated that local financial firms and payment provided…

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# China debuts blockchain-based digital yuan salary payments in Xiong’an

# China debuts blockchain-based digital yuan salary payments in Xiong’an

“# China debuts blockchain-based digital yuan salary payments in Xiong’an ” China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan. According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC) has successfully completed the nation’s first on-chain wage payouts…

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