marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
CBDC
12/12/2024
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By Ramon Tomey
How the digital rupee could redefine India’s financial future
Outgoing Reserve Bank of India (RBI) Gov. Shaktikanta Das emphasized the pivotal role of India’s home-grown central bank digital currency (CBDC), the digital rupee, in shaping the country’s financial future. The RBI under Das’ leadership launched pilot projects for the digital rupee, including retail and wholesale applications, with 16 participating banks and features like offline […]
11/07/2024
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By Ethan Huff
CBDC programs failing in U.S. and other “Five Eyes” nations
The future of central bank digital currencies (CBDCs) is in jeopardy as Canada, Australia, and other “Five Eyes” nations abandon their CBDC schemes. While around 90 countries and currency unions are currently exploring how to unleash CBDC programs as a cashless replacement for the existing fiat scheme, the United States is about to become the […]
10/07/2024
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By Zoey Sky
Bank of Canada cancels plans to develop a digital currency
The Bank of Canada (BOC) has announced that it is scrapping its plans to implement a “digital dollar” or central bank digital currency (CBDC). Officials from Canada’s central bank said a digital currency, also called the electronic Loonie, will no longer be considered after years of planning. Earlier reports revealed that most Canadians were not […]
09/09/2024
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By Ethan Huff
CBDCs will allow police to collect, store personal data for surveillance state, IMF paper reveals
The International Monetary Fund (IMF) published a report recently that warns about the very serious privacy risks associated with central bank digital currencies (CBDCs). According to the paper, entitled “Central Bank Digital Currency Data Use and Privacy Protection,” any central bank can use its CBDC system to collect all sorts of private information about users. […]
09/03/2024
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By Ethan Huff
India abandoning U.S. dollar in favor of cryptocurrency for trade settlements
After successfully completing its first-ever crude oil transaction with the United Arab Emirates (UAE) using local currencies rather than the U.S. dollar, India is now ready to finish transitioning to cryptocurrency as the sole medium for conducting international trade. One of the original five BRICS countries to challenge Western hegemony, India is relying on the […]
07/31/2024
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By Richard Brown
Trump vows to BAN central bank digital currencies: “There will never be a CBDC while I am president”
Former President Donald Trump has reiterated that, when he wins his second term in the White House, he will ban central bank digital currencies (CBDCs) in the United States. He made his stance clear once again during a speech on Saturday, July 27, at the Bitcoin Conference 2024 in Nashville, Tennessee, saying: “There will never […]
07/26/2024
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By Kevin Hughes
Vladimir Putin praises digital ruble, calls for CBDC’s widespread use in Russia
Russian President Vladimir Putin recently praised the “efficiency and functionality” of the Central Bank of Russia’s central bank digital currency (CBDC) and instructed his government to get ready for the extensive launching of the digital ruble. According to a Substack report from American writer and journalist Riley Waggaman, writing under the moniker Edward Slavsquat, Putin has […]
07/22/2024
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By News Editors
CYBER POLYGON 2024 : Great Reset begins with engineered Internet breakdown followed by CBDC roll-out
First, it’s important to understand that The Powers That Be (TPTB) themselves have never been so disunited and confused, incohesive and disordered. (Article republished from StateOfTheNation.co) In point of fact, all of the major implementation plans on their New World Order agenda have gone awry. Every nefarious scheme to foist a One World Government on the world community of nations has […]
06/18/2024
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By Belle Carter
Bank of Israel advances digital shekel plans; CBDC to be used to surveil, control monetary transactions of Israelis
In line with Israel’s push for a digital currency initiative to accelerate its central bank digital currency (CBDC) development, the Bank of Israel (BoI) is set to collaborate with various service providers to create a digital payment system – the digital shekel. Israel’s central bank outlined its plans in an announcement, revealing the launch of the […]
06/14/2024
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By Ethan Huff
Saudi Arabia lets 50-year U.S. petrodollar partnership expire, portending the END of the petro dollar
Federal Reserve Notes (FRN) are on the chopping block after oil giant Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States. At midnight on June 9, 2024, the longstanding partnership officially came to an end, allowing Saudi Arabia to start selling oil and other goods in non-U.S. dollar currencies such […]
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