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![China opens industrial park for digital yuan CBDC development in Shenzhen China opens industrial park for digital yuan CBDC development in Shenzhen](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/1fc1fec5-b91e-4d77-aa44-e1311320cf16.jpg)
China opened an industrial park dedicated to developing the digital yuan ecosystem on Oct. 11, according to Chinese press reports. This is the first such park dedicated to the central bank digital currency…
![Candidate for Argentina President Promises to Push a CBDC Candidate for Argentina President Promises to Push a CBDC](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/10/Sergio-Massa-shutterstock_2344994661-16x9-1-gID_7.jpg@png)
In Argentina’s first presidential debate, candidate and current minister of economy Sergio Massa shocked the country when he touted the possibility of a central bank digital currency (CBDC) were he to be elected. …
![Russia’s Central Bank Paves Way for Nationwide Adoption of CBDC by 2025 Russia’s Central Bank Paves Way for Nationwide Adoption of CBDC by 2025](https://cryptopotato.com/wp-content/uploads/2022/05/Russia.jpg)
The Bank of Russia is contemplating 2025 to be the year when the digital ruble, the local central bank digital currency (CBDC), may see widespread adoption in the country. This move indicates the…
![US Congress Bans Federal Reserve from Creating CBDC US Congress Bans Federal Reserve from Creating CBDC](https://s32659.pcdn.co/wp-content/uploads/2023/05/bic_CBDC_digital_bank_currency_neutral_franklin.jpg)
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many in Congress. This legislation, championed by Majority Whip Tom Emmer,…