Page 7 - Cbdc News Today

The Digital Dollar Project (DDP), a nonprofit focused on central bank digital currency (CBDC), reacted in an interview to Donald Trump’s new anti-CBDC stance.

Finance Minister Nirmala Sitharaman stated that the government and the Reserve Bank are actively involved in enhancing the central bank digital currency (CBDC) for cross-border payments. The RBI initiated a pilot project for wholesale CBDC with nine banks, and a retail version of CBDC or e-rupee was launched on December 1, 2022.

HB164 would specify that "a central bank digital currency is not specie legal tender and is not legal tender in the state," effectively excluding CBDC from the state's definition of money under the Utah Specie Legal Tender Act - and the state's Uniform Commercial Code (UCC).

Bills filed in the Oklahoma House and Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in the state, creating potentially significant roadblocks to its use as such in Oklahoma.

The legislation would expressly exclude a CBDC from the definition of money in Mississippi and prohibit state agencies from accepting CBDC as a form of payment.

The introduction of biometric digital identity cards could be used to track "who actually got a vaccination," Queen Máxima said at the WEF.

RBI Governor Shaktikanta Das believes that digital currency or CBDC will enhance cross-border payments by making them more efficient, fast, and cost-effective.

Last week, a Wisconsin House committee held a hearing on a bill that would take steps to limit the impact of central bank digital currency (CBDC), creating potentially significant roadblocks to its use in the state.

"Tonight, I am also making another promise to protect Americans from government tyranny," Trump said.

A bill filed in the Tennessee Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in the state, creating potentially significant roadblocks to its use as such in the state.