Central Bank Digital Currency

The Swiss National Bank rejects the idea of a public digital currency due to potential risks, preferring to focus on wholesale CBDCs. Despite reservations, it's advancing in payment technology. However, it acknowledges challenges ahead and remains cautious yet progressive.

Former President Donald Trump's opposition to CBDCs sparks debate in the US election campaign, as Republican senators propose bills to ban their introduction. The global discussion on CBDCs highlights concerns over privacy and government control, urging informed dialogue and collaboration for a balanced approach to digital finance.

GOP Senators, led by Ted Cruz, oppose Biden's CBDC plan to protect Americans' financial privacy, unveiling the CBDC Anti-Surveillance State Act amid bipartisan concerns over government intrusion. The bill aims to restrict the Federal Reserve's authority in issuing CBDCs without congressional approval, reflecting a bipartisan effort to safeguard individual freedoms in the digital age.

Belarus' Central Bank plans a 2026 CBDC launch to decentralize trade, dodge sanctions, and enhance cross-border payments with blockchain technology.

India's RBI cautiously progresses on its digital rupee, balancing innovation with privacy and regulatory prudence, while showing openness to cryptocurrency taxation adjustments and startup collaborations in CBDC development.

Lugano pioneers digital finance by integrating Bitcoin, CBDCs, and stablecoins, showcasing a future where diverse digital currencies coexist, transforming traditional economic structures.

Belarus forges ahead with CBDC, the digital ruble, on Hyperledger Fabric blockchain. Despite international sanctions, the move aims to modernize financial infrastructure and facilitate cross-border transactions, sparking both criticism and support.

India and Russia unite, shaping the digital economy and challenging traditional economic norms, while navigating complex geopolitical landscapes

Explore former President Donald Trump's staunch opposition to Central Bank Digital Currencies (CBDCs) and its implications on privacy, financial autonomy, and his broader economic agenda.

As per the study, Egypt has set its sights on introducing a digital currency, the E-Pound, issued by the Central Bank of Egypt, with a target launch by 2030.