CBDC Archives - Slay News

WEF: 98% of Central Banks Now Ready to Usher In ‘Cashless Society’

The World Economic Forum (WEF) has boasted that 98 percent of all central banks have now agreed to advance the unelected globalist organization's "cashless society" agenda. The WEF has revealed that most of the world's central banks have been preparing to eliminate physical money and are now ready to make…

Australian Lawmakers Pass Bill to Roll Out WEF’s Digital ID for Public

Lawmakers in Australia's Senate have just passed a new bill to roll out the World Economic Forum's (WEF) digital ID system for public use. The legislation easily passed with virtually no resistance. Australia is officially on the path to having a national, government-regulated, WEF-controlled digital identity system. The scheme will…

Biden Admin: Digital Cash Is a ‘Key Duty’ of the Federal Reserve

Democrat President Joe Biden's administration has declared that the development of digital cash is a "key duty" of the U.S. Federal Reserve. The Fed and the Biden admin have been reassuring the public that they are not planning on introducing a central bank digital currency (CBDC) in the country. However,…

China Links Social Credit Score to CBDC: ‘My Child Can’t Go to Private School’

The Chinese Communist Party has reportedly linked its radical social credit score system to the state's central bank digital currency (CBDC). Citizens have begun raising the alarm over the situation to warn the West about the dangers of "cashless societies." One Chinese social media user has gone viral for detailing…

Trump Vows He ‘Will Never Allow the Creation’ of a ‘Digital Dollar’

President Donald Trump has vowed that he "will never allow" so-called "cashless societies" to infest America and promised voters that he will block "the creation of a Central Bank Digital Currency (CBDC)" In recent years, globalists such as the World Economic Forum (WEF) and the United Nations (UN) have been…

Europe Advances Plans for ‘Cashless Societies’

Unelected bureaucrats in the European Union are advancing plans to replace physical money with a "digital Euro" to usher in "cashless societies." As Slay News has reported, globalists have been pushing for the introduction of central bank digital currencies (CBDCs) for some time. The push is being championed by the…

Canada Signs Deal with EU to Roll Out Global ‘Digital ID’ for Public

The Canadian government has announced that it has signed a deal with unelected bureaucrats in the European Union (EU) to begin rolling out a new global "digital ID" system for the public. In an announcement about the move, the government argues that the new digital identity system is required to…

Cryptocurrency Firm Tether Freezes $225 Million in Customer Funds over Human Trafficking Allegations

Cryptocurrency firm Tether has frozen $225 million worth of customer funds over allegations of human trafficking. The company, which controls a stablecoin pinned to the U.S. dollar, took the action after it was reported that the funds were linked to a human trafficking syndicate in Southeast Asia. The U.S. Department…

IMF Calls on Governments to Replace Cash with CBDC

The International Monetary Fund (IMF) has called on governments around the world to eliminate physical cash and replace their sovereign currencies with a single Central Bank Digital Currency (CBDC). A CBDC is a form of "digital money" that is managed by the government and central bank bureaucrats. The main difference…

EU Pushes CBDC-Linked ‘Digital Identity’ for All Citizens

The European Union (EU) is advancing plans to introduce a new "Digital Identity" that will be directly linked to a central bank digital currency (CBDC), a top Euro official has revealed. The plan was exposed Wednesday on social media by Dutch Member of the European Parliament Rob Roos. Roos posted a…