Central Bank Digital Currency
UK to outline steps for government-controlled digital currency by the end of the year
“We are actively exploring the issuance of a digitally native Pound sterling.”
Queen Máxima of the Netherlands lobbies G20 for digital ID
An ID mechanism tied to the ability to make payments.
New York Fed plots test of centrally controlled digital dollar
Governments are creeping towards controllable currency.
The digital euro has proposed spending limits
The European Central Bank considers restricting how people spend their money.
Dutch finance minister proposes increased financial surveillance
Monitoring of transactions over 100 euro.
IMF meeting: CBDC should be tied to digital IDs to “push society into to new equilibriums”
Massive privacy concerns.
India to test a central bank digital currency
The next country to propose the idea of more central control.
Canadian government has allocated $105.3 million to World Economic Forum digital ID partnership
Taxpayer dollars going towards exploring a multi-national digital ID program.
The Biden administration is serious about considering a digital dollar
Centralized financial control.
PayPal bans the Free Speech Union, the Daily Sceptic, and Toby Young
Young described PayPal’s actions as “a new low in Big Tech’s war on free speech.”
Bill Gates tells governments to invest in technologies for “payment and ID systems”
More central control.
Fed chair Jerome Powell floats idea of centrally controlled digital currency
A growing idea for ultimate central control.