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CBDC

DeSantis Unveils Plan to Fight Biden’s Efforts to Replace Cash with ‘Digital Dollar’

March 21, 2023 - 8:43 am by Frank Bergman

Florida’s Republican Governor Ron DeSantis has unveiled his new plan that seeks to fight efforts by Democrat President Joe Biden to replace traditional cash with a central bank-controlled “digital dollar.”

Categories News Tags Biden, CBDC, Central Bank, DeSantis, Digital Cash, Digital Dollar, Federal Reserve 6 Comments

WEF Pushes for ‘End of Cash’ amid Banking Crisis

March 21, 2023 - 8:49 amMarch 18, 2023 - 12:57 pm by Frank Bergman

The World Economic Forum (WEF) is hailing the opportunity presented by the global banking crisis to advance toward its goal of a “cashless society.”

Categories News Tags Big News, Cash, CBDC, Deutsche Bank, Digital Cash, Klaus Schwab, Marion Laboure, World Economic Forum 44 Comments

WEF Banker: ‘Digital Cash’ Will ‘Push Society into New Equilibriums’

October 21, 2022 - 12:54 pm by Frank Bergman

One of the world’s most powerful bankers has laid out plans for “digital cash” by touting the form of currency as a way to “push society to new equilibriums.”

Categories News Tags CBDC, Cecilia Skingsley, Central Bank, Digital Cash, Digital ID, IMF, World Economic Forum 12 Comments

European Central Bank: Cash ‘Not Fit’ for Digital Economy

August 23, 2022 - 11:21 amAugust 23, 2022 - 10:10 am by Nick R. Hamilton

The European Central Bank (ECB) has dismissed privacy concerns about a central bank digital currency (CBDC) and declared that physical cash is “not fit” for a digital economy.

Categories Economy Tags Business, Cash, CBDC, Christine Lagarde, European Central Bank, News 4 Comments
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