A new CNBC report claimed that Binance insiders were allegedly assisting users in circumventing security protocols. These insiders, termed ‘angels,’ have allegedly assisted customers bypass KYC...
Emerging CBDC cross-border transaction technology can put the banks’ profits at risk, as per a new Moody’s report. Cross-border CBDC transactions would require entirely new infrastructure,...
A U.S. Treasury study claims that fully integrating CBDCs into the economy would destabilize banks. A recent White House report criticized stablecoins, claiming that they are...
Nigeria witnessing increased CBDC adoption nearly 18 months after launching its national CBDC amid an acute cash crisis. The value of eNaira transactions has increased to...
U.S. Senator Ted Cruz introduced legislation to block the Federal Reserve from issuing a retail CBDC. The Texas lawmaker has argued that such a CBDC would...
U.S. Congressman Tom Emmer believes that the introduction of CBDCs will jeopardize the financial privacy of American citizens. Emmer introduced the CBDC Anti-Surveillance Act last month....
India’s recently launched in-house CBDC is now being tested for offline functionality, revealed RBI executive director. Last year, UPI enabled 7,404.45 crore transactions, totaling Rs. 125.95...
As per a Brazilian regulator, the country is looking to monitor the crypto sector in the coming days. The chief also asserted that his goal was...
![Bitcoin [BTC] to not fall under 'money' in the U.S? According to...](https://statics.ambcrypto.com/wp-content/uploads/2023/03/btc-michael-400x240.jpg)
![Bitcoin [BTC] to not fall under 'money' in the U.S? According to...](https://statics.ambcrypto.com/wp-content/uploads/2023/03/btc-michael-80x80.jpg)
The state of South Dakota is attempting to redefine what constitutes money, focusing particularly on classifying cryptocurrencies. Reportedly, the move can be interpreted as a jab...
Shenzhen, China’s southeastern metropolis has begun to issue digital yuan hard wallets to Hong Kong tourists, but demand has fallen short of expectations thus far. The...