The World Economic Forum (WEF) declared in a report titled "Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)" that at least 98% of the "global economy’s central banks are researching, experimenting, piloting or deploying central bank digital currency (CBDC) to determine how to modernize the capabilities of and improve access to central bank money (CeBM)."
The European Parliament (EP) passed the AI Act, which many believe allows "law enforcement the introduction of error-prone facial surveillance and facial recognition camera software in public spaces," as Member of Parliament Patrick Breyer said.
In his recent speech in Portsmouth, New Hampshire, former President Donald Trump declared that, if elected president again, he would oppose the implementation of...
The tests, which took place over 12 weeks with some of the world's leading banks, including Citigroup Inc. and Wells Fargo & Co., sought to evaluate the potential of digital currencies to enhance both domestic and international payment systems.
The World Economic Forum’s Annual Meeting of the New Champions gathered in Tianjin, China, last week to discuss the latest ideas for supporting “the global transition to a green and renewable economy.”
"By tracking every financial transaction, they will have access to every detail of our spending, the recipient of our money, and how we allocate our resources. In essence, it replicates George Orwell’s dystopian society depicted in 1984," critics have argued.
