INSUBCONTINENT EXCLUSIVE:
of a central bank digital currency (CBDC).Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would
there is no legitimate use case for cryptocurrency, as of yet, unless you count the illegal practices of every single ransomware heist that
business in a functioning and well-regulated financial system
hold a press conference pushing for CBDCs
Source: House Financial Services CommitteeRelated: South Korea pauses CBDC tests as stablecoin fever hits banksIn February, Federal Reserve
moving ahead with the digitization of their fiat currencies, often citing a need to make their currencies competitive in the digital age,
while also maintaining sovereign control of the currency and not entrusting issuance to a third-party stablecoin company.Most Americans
either oppose the adoption of a CBDC or are currently undecided
could destabilize the banking system
Bailey added that the Bank of England should focus on tokenizing deposits instead.Magazine: India mulls new crypto ban to support CBDC,
Lazarus Group strikes again: Asia Express
