Bank of Korea Governor Shin Hyun-song emphasizes CBDCs and deposit tokens in his inaugural address, omitting stablecoins amid ongoing regulatory discussions. He aims for enhanced crypto market oversight. #Update #Crypto $BTC
The U.S. Senate’s bipartisan housing bill includes a temporary ban on the Federal Reserve issuing a central bank digital currency, aiming to ease housing development and protect privacy. #Update #Legal
The U.S. Senate advanced a housing bill including a CBDC ban, with White House support; the bill needs House reconciliation before reaching President Trump. #Update #Crypto
Rising Strait of Hormuz tensions impact global markets, potentially accelerating @Ripple’s financial era amid oil turmoil. UAE firms adopt XRP Ledger for tokenizing assets. #Update #Crypto $XRP
India’s central bank proposes linking BRICS central bank digital currencies to ease cross-border payments, aiming for inclusion in the 2026 BRICS summit agenda. #Update #Finance
The Reserve Bank of India is proposing a plan to link central bank digital currencies among BRICS nations at the 2026 summit. #Update #Crypto
China’s e-CNY processes $55 billion via mBridge, boosting cross-border CBDC payments, per Atlantic Council data. #Update #Finance
@mBridge has processed over $55 billion in transactions, with China’s digital yuan making up 95% of the volume, as it expands its role in cross-border payments. #Update #Crypto $CNY
Rep. Keith Self proposed an amendment to the National Defense Authorization Act to ban central bank digital currencies, but negotiations failed to include it in the final bill. #Update #Legal
Rep. Marjorie Taylor Greene criticizes the GENIUS Act for allegedly allowing CBDCs, despite legal experts refuting her claims as political commentary rather than legal analysis. #Update #Crypto
Bank of Israel Governor Amir Yaron announced plans for stricter oversight of stablecoins, highlighting their significant market presence and risks due to centralization. A digital shekel roadmap was also revealed. #Update #Crypto $USDT
The South African Reserve Bank sees no immediate need for a retail CBDC, focusing instead on modernizing its payment systems while monitoring crypto risks. #Update #Crypto $BTC
Singapore’s MAS finalizes stablecoin legislation emphasizing reserve backing and redemption reliability, expands CBDC trials, and plans a guide on tokenized capital markets. #Update #Crypto
Hong Kong’s FinTech Week highlighted a shift from CBDCs to stablecoins, with Brazil’s Drex project losing momentum; Bitcoin $BTC at $105,930 and Ethereum $ETH at $3,578. #Update #Crypto $BTC
