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XRP – CBDCs: Revolutionizing Global Banking and Financial Inclusion

Central Bank Digital Currencies (CBDCs) are setting the stage for a transformative era in global banking, facilitating financial inclusion and fostering efficiencies in international commerce. This article delves deep into the increasing adoption rate of CBDCs worldwide, illustrating the promising future of digital currencies in reshaping the financial landscape.

Putin Signs Digital Ruble Law: Russia’s Official Cryptocurrency Revealed

Especially after the onset of the Ukraine war, significant steps have been taken regarding digital currencies in Russia, and today, President Vladimir Putin signed the CBDC law, which will take effect from August 1st.

What Did BIS Say About Cryptocurrencies in the World’s Top 20 Economies?

The Bank for International Settlements (BIS) has presented a report to G20 member countries stating that cryptocurrencies are not suitable for use as a monetary instrument. The report emphasizes the structural problems of cryptocurrencies and the importance of Central Bank Digital Currencies (CBDCs).

CBDC Shockwaves: Crypto Exec’s Blunt Verdict on Insufficient Progress

In a recent statement, Fadi Aboualfa, the research director at Copper, a London-based cryptocurrency custody company, criticized existing central bank digital currencies (CBDCs) and argued that the system is not yet feasible.

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