Hey everyone, Scholar here with another CBDC update. This update is going to be more of a listing and big picture update for you.
First off, be ready for big headlines on CBDCs in the second half of this year Particularly in the month of October and Q4 in general.
Central banks continue to develop CBDCs and enter into piloting stages preceding the eventual launches. If you’re in the US you know the issue of CBDCs and Crypto regulation is becoming increasingly politicized.
The problem is the term being used too frequently is "Digital Asset."
The term came to be only recently, and was never used in crypto before central banks, governments, and institutions started getting involved in crypto regulation and developing CBDC.
In fact, they're the only ones who like to use it to equivocate CBDC and Crypto. Word choice is important, and it should be clear that they're using it interchangeably while the two are inherently different.
This week is going to be an update on Samsung involvement in CBDC, note on the US, update on India and China.
Later this week will be coverage on the Ripple CBDC platform. Short news on that for now is no use for XRP on the CBDC platform.
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