ChainCatcher News: Former U.S. President Trump stated at the Bitcoin 2024 conference that there will never be a central bank digital currency (CBDC) during my presidency, and he will order the Treasury to stop the creation of central bank digital currencies.

ChainCatcher news, according to Bitcoin.com, the cross-border central bank digital currency (CBDC) trading platform Project Mbridge has entered the minimum viable product (MVP) stage, and its infrastructure now has basic functionalities.According to a press release from the Bank for International Settlements (BIS), the project began its pilot in 2021 in collaboration with the Bank of Thailand, the Central Bank of the United Arab Emirates, the People's Bank of China (PBOC), and the Hong Kong Monetary Authority (HKMA), and is now ready for intermediate actual value transactions.

ChainCatcher news, the Governor of Florida has signed a bill banning Central Bank Digital Currencies (CBDC). Now other states are considering similar measures, including Louisiana, Alabama, Texas, and North Dakota, all of which have drafted bills opposing the implementation of a digital dollar.Unlike decentralized cryptocurrencies like Bitcoin and Ethereum, CBDCs are supervised and operated by a centralized entity. The U.S. central bank, the Federal Reserve, has been discussing CBDCs but has not provided substantial details about whether it plans to issue one. Federal Reserve Chairman Jerome Powell stated in March that a decision on whether to issue a U.S. CBDC has not yet been finalized. (source link)

ChainCatcher news, according to Einvestidor, Brazil's central bank president Roberto Campos Neto stated that there are plans to launch a central bank digital currency (CBDC) in 2024 and to collaborate with some financial institutions to conduct pilot programs before starting broader use of the CBDC. (source link)