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RBI: CBDC Becoming A Reality Soon In India

The Reserve Bank of India or RBI, is taking the steps to introduce its very own CBDC or Central bank digital currency.

China’s crypto crackdown has a comforting prospect: Christopher Wood

According to Wood, since it sends a message that China does not want its citizens to hold cryptocurrency. “This is in part because of the clear ability to use so-called stable coins like Tether to circumnavigate the closed capital account. It is also, more importantly, because China does not want any competition when it launches the digital renminbi nationally, most likely in the fourth quarter of this year,” Wood expressed his opinion.
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