Page 35 - Cbdc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For former member of the European Parliament and Brexit leader Nigel Farage, the prevalent “debanking” efforts in the United Kingdom are paving the way for the tyranny of a cashless society. The said practice by traditional banks of suspending accounts is apparently driven by the use of holdover European Union directives prior to Brexit, Farage said. […]

The move to debank people could be part of a wider effort to usher in the "tyranny" of a cashless society, Nigel Farage has warned.

Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […]

If the International Monetary Fund (IMF) is successful in unleashing a new “global Central Bank Digital Currency (CBDC ) platform,” as managing director Kristalina Georgieva says the group is currently “working hard” on, then soon the world’s entire money supply will be controlled by a “group of unelected bureaucrats.” Right now, the various currencies of […]

The new law prohibits government agencies in Alabama from accepting a CBDC as payment, and from participating in any testing of a CBDC by the Federal Reserve.