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South Korea to Launch 'Hangang' CBDC Pilot in 2025.#CBDC's #CBDCBan
AI Summary
According to Odaily, the Bank of Korea (BOK) is set to initiate a central bank digital currency (CBDC) pilot named 'Hangang.' The program, scheduled from April to June, aims to facilitate everyday transactions. Once the BOK issues the digital currency to seven participating banks, these institutions will distribute deposit tokens for use in local supermarkets, online shopping centers, and convenience stores. The pilot is expected to involve 100,000 local citizens.
South Korea to Launch 'Hangang' CBDC Pilot in 2025.#CBDC's #CBDCBan
AI Summary
According to Odaily, the Bank of Korea (BOK) is set to initiate a central bank digital currency (CBDC) pilot named 'Hangang.' The program, scheduled from April to June, aims to facilitate everyday transactions. Once the BOK issues the digital currency to seven participating banks, these institutions will distribute deposit tokens for use in local supermarkets, online shopping centers, and convenience stores. The pilot is expected to involve 100,000 local citizens.
#CBDC's #GENIUSActPass
First generation of state owned coins, they are the digital version of paper money but rather than USDT they are backed by states, and are not as volatile as non state backed cryptos are.
First generation of state owned coins, they are the digital version of paper money but rather than USDT they are backed by states, and are not as volatile as non state backed cryptos are.
🇺🇸 Trump’s Anti De‑Banking Plan
Whats Happening:
Donald Trump is preparing a federal executive order to prevent banks from denying services to:Conservative individuals/groupsCrypto-related businesses
Why:
He argues that major banks are “discriminating” based on political beliefs or crypto involvement — a practice he calls “woke de-banking.”
What the Order Will Do:
Direct federal agencies (FDIC, OCC, CFPB) to investigate banks that cut off accounts due to ideology or crypto activity.Enforce the Equal Credit Opportunity Act (ECOA) and fair access rules.Penalize banks found guilty of politically biased financial exclusion.
Who’s Affected:
Small crypto startupsConservative PACs and nonprofitsGun stores and faith-based groupsAlt-media outlets and Bitcoin miners
Political Goal:
Trump is using this issue to rally voters who care about:
Free speechFinancial freedomCrypto innovationOpposition to CBDCs (Central Bank Digital Currencies)
#TRUMP #CBDC #CBDC's
Donald Trump is preparing a federal executive order to prevent banks from denying services to:Conservative individuals/groupsCrypto-related businesses
Why:
He argues that major banks are “discriminating” based on political beliefs or crypto involvement — a practice he calls “woke de-banking.”
What the Order Will Do:
Direct federal agencies (FDIC, OCC, CFPB) to investigate banks that cut off accounts due to ideology or crypto activity.Enforce the Equal Credit Opportunity Act (ECOA) and fair access rules.Penalize banks found guilty of politically biased financial exclusion.
Who’s Affected:
Small crypto startupsConservative PACs and nonprofitsGun stores and faith-based groupsAlt-media outlets and Bitcoin miners
Political Goal:
Trump is using this issue to rally voters who care about:
Free speechFinancial freedomCrypto innovationOpposition to CBDCs (Central Bank Digital Currencies)
#TRUMP #CBDC #CBDC's
European Central Bank Nears Completion of Digital Euro Preparations
The European Central Bank (ECB) is approaching the final stages of preparing for the launch of the digital euro, its central bank digital currency (CBDC) initiative. The project, aimed at complementing cash and enhancing payment systems across the Eurozone, has seen extensive research, pilot testing, and stakeholder consultations.
The ECB expects the digital euro to provide a secure, efficient, and widely accessible digital payment option for citizens and businesses. Key focus areas include privacy safeguards, resilience against cyber threats, and interoperability with existing financial infrastructure.
As the ECB nears completion of the preparatory phase, it is expected to decide on the official rollout timeline and legal framework within the next few months. The digital euro is seen as a strategic move to keep pace with global digital currency trends and to reinforce the Euro’s role in the international monetary system.
#centralbank #EURO2024 #ECB #CBDC's #ECBPolicyImpact
The European Central Bank (ECB) is approaching the final stages of preparing for the launch of the digital euro, its central bank digital currency (CBDC) initiative. The project, aimed at complementing cash and enhancing payment systems across the Eurozone, has seen extensive research, pilot testing, and stakeholder consultations.
The ECB expects the digital euro to provide a secure, efficient, and widely accessible digital payment option for citizens and businesses. Key focus areas include privacy safeguards, resilience against cyber threats, and interoperability with existing financial infrastructure.
As the ECB nears completion of the preparatory phase, it is expected to decide on the official rollout timeline and legal framework within the next few months. The digital euro is seen as a strategic move to keep pace with global digital currency trends and to reinforce the Euro’s role in the international monetary system.
#centralbank #EURO2024 #ECB #CBDC's #ECBPolicyImpact
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#xrp #CBDC's #TRUMP PAY CLOSE ATTENTION, I want to clarify the trap applied in the order signed by Donald Trump, On January 23, 2025, US President Donald Trump signed an executive order prohibiting the creation, issuance, circulation, and use of central bank digital currencies (CBDC) within US jurisdiction. Now I am going to show you that this executive order does not hold water because it comes with conditions that people do not seem to have even read. The order reads as follows: "The executive order states that, (((except as required by law))) , federal agencies are prohibited from taking actions to establish, issue, or promote CBDCs, either domestically or internationally.
Therefore, CBDCs have not been banned, they have been banned EXCEPT when required by law. Be very careful and do not be fooled, you have to learn to read between the lines and filter all content well, not just what you want to hear.
Therefore, CBDCs have not been banned, they have been banned EXCEPT when required by law. Be very careful and do not be fooled, you have to learn to read between the lines and filter all content well, not just what you want to hear.
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💡How will central bank digital currencies (CBDCs) change the future of traditional banks?
🔍 What are CBDCs?
Central bank digital currencies are an official digital version of the national currency issued and managed directly by central banks.
The idea combines:
Trust in traditional currency✅
Speed and security of modern technology🚀
⚡ Its impact on traditional banks
1. Restructuring deposits and loans
With official CBDC wallets, individuals can hold their money directly with the central bank, reducing their reliance on commercial banks.
Central bank digital currencies are an official digital version of the national currency issued and managed directly by central banks.
The idea combines:
Trust in traditional currency✅
Speed and security of modern technology🚀
⚡ Its impact on traditional banks
1. Restructuring deposits and loans
With official CBDC wallets, individuals can hold their money directly with the central bank, reducing their reliance on commercial banks.
CBDCs vs Crypto
✅✅CBDCs vs Crypto – Central Bank Digital Currencies Set to Challenge Decentralized Assets
🔥🔥$BTTC $XRP $SOL 🔥🔥
✅The financial landscape is undergoing a major transformation with the rise of Central Bank Digital Currencies (CBDCs) and cryptocurrencies. While both represent digital forms of money, their philosophies and purposes are fundamentally different.
✅CBDCs are government-issued digital currencies, backed by the central bank and designed to modernize payment systems, increase financial inclusion, and reduce reliance on cash. Countries like China, India, and members of the Eurozone are already testing or implementing CBDCs. Their key strength lies in stability and trust, as they are directly tied to sovereign monetary policies. For governments, CBDCs also provide better oversight of transactions, helping combat fraud and money laundering.
✅On the other hand, cryptocurrencies like Bitcoin, Ethereum, and stablecoins embody decentralization. They operate on blockchain networks without central authority, offering transparency, borderless transactions, and resistance to censorship. Crypto advocates highlight financial freedom, investment opportunities, and innovation in decentralized finance (DeFi) as major advantages. However, volatility, regulatory uncertainty, and security risks remain challenges for broader adoption.
✅The competition between CBDCs and crypto will shape the future of money. CBDCs may gain mass acceptance due to government backing and regulatory clarity, while cryptocurrencies will continue to attract users seeking autonomy and alternatives to centralized finance. Rather than outright competition, a hybrid financial system could emerge, where CBDCs handle mainstream payments, and cryptocurrencies thrive in decentralized ecosystems.
✅Ultimately, the coexistence and interaction of CBDCs and crypto may redefine global finance, creating both opportunities and challenges for individuals, businesses, and regulators.
#BinanceSquare #CryptoIntegration
#cryptiinfo #CBDC's #defi
🔥🔥$BTTC $XRP $SOL 🔥🔥
✅The financial landscape is undergoing a major transformation with the rise of Central Bank Digital Currencies (CBDCs) and cryptocurrencies. While both represent digital forms of money, their philosophies and purposes are fundamentally different.
✅CBDCs are government-issued digital currencies, backed by the central bank and designed to modernize payment systems, increase financial inclusion, and reduce reliance on cash. Countries like China, India, and members of the Eurozone are already testing or implementing CBDCs. Their key strength lies in stability and trust, as they are directly tied to sovereign monetary policies. For governments, CBDCs also provide better oversight of transactions, helping combat fraud and money laundering.
✅On the other hand, cryptocurrencies like Bitcoin, Ethereum, and stablecoins embody decentralization. They operate on blockchain networks without central authority, offering transparency, borderless transactions, and resistance to censorship. Crypto advocates highlight financial freedom, investment opportunities, and innovation in decentralized finance (DeFi) as major advantages. However, volatility, regulatory uncertainty, and security risks remain challenges for broader adoption.
✅The competition between CBDCs and crypto will shape the future of money. CBDCs may gain mass acceptance due to government backing and regulatory clarity, while cryptocurrencies will continue to attract users seeking autonomy and alternatives to centralized finance. Rather than outright competition, a hybrid financial system could emerge, where CBDCs handle mainstream payments, and cryptocurrencies thrive in decentralized ecosystems.
✅Ultimately, the coexistence and interaction of CBDCs and crypto may redefine global finance, creating both opportunities and challenges for individuals, businesses, and regulators.
#BinanceSquare #CryptoIntegration
#cryptiinfo #CBDC's #defi
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#CBDC's
We are where we are due to not knowing monetary history.
When paper money was offered as a more agile and faster layer over the heavy, inconvenient, and slow gold, politicians managed to consume the scam we are in now. CBDCs promise more speed.
We are where we are due to not knowing monetary history.
When paper money was offered as a more agile and faster layer over the heavy, inconvenient, and slow gold, politicians managed to consume the scam we are in now. CBDCs promise more speed.
🌐 Global Trends
Central Bank Digital Currencies (CBDCs): Many countries are exploring or actively working on creating their own digital currencies, aiming to enhance financial systems with faster and more efficient transactions.
#GlobalTrend #DigitalCurrency #CBDC's #EthereumSecurityInitiative #MastercardStablecoinCards
Central Bank Digital Currencies (CBDCs): Many countries are exploring or actively working on creating their own digital currencies, aiming to enhance financial systems with faster and more efficient transactions.
#GlobalTrend #DigitalCurrency #CBDC's #EthereumSecurityInitiative #MastercardStablecoinCards
crypto to is the key #ZionProphet invest in $USDC and $PAXG , the old throne is falling and crypto is taking over as our government business developing #CBDC's the other mental jail
$BNB
$BNB
LarkDavis
--
The #1 scam today is fiat.
You work hard to earn it.
The government just print it out of thin air.
Bitcoin fixes this!
You work hard to earn it.
The government just print it out of thin air.
Bitcoin fixes this!
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