CBDC's

#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.

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

LUNCH new coin.
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.

#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.

#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.

🌐 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