ECB Advances Digital Euro Preparation Phase
The European Central Bank’s report on the digital euro preparation phase highlights offline functionality, privacy mechanisms, and holding limits but lacks final issuance approval. #Update #Crypto
CBDC
Fed Compares CBDC vs Tokenized Deposits
Federal Reserve research compares wholesale CBDC settlement with tokenized deposits, highlighting potential impacts on liquidity and financial infrastructure without endorsing crypto assets. #Update #Finance
Federal Reserve CBDC Authority Limited by Congress
U.S. Senate and House restrict Federal Reserve’s CBDC issuance until December 31, 2030, favoring private stablecoins amid privacy concerns. Seen as a win for cryptocurrency advocates. #Update #Crypto $USDC
CBDC Ban Blocks Fed Digital Dollar
Lawmakers propose a bipartisan deal blocking Federal Reserve from issuing a central bank digital currency until December 31, 2030. Awaiting votes. #Update #Legal
CBDC Ban Through 2030 in Housing Deal
The U.S. Senate Banking and House Financial Services committees updated the 21st Century ROAD to Housing Act, temporarily banning a central bank digital currency (CBDC) until December 31, 2030. Legal
CBDC Ban Until 2030 in Housing Bill
The US Congress has agreed on a housing bill that includes a ban on the Federal Reserve issuing a central bank digital currency (CBDC) until 2030, likely benefiting Republicans. #Update #Crypto $BTC
CBDC Boosts Latam’s $1.5T Stablecoin Economy
Brazil’s Chamber of Deputies advances Bill 4212/25 to limit Central Bank CBDC powers, protecting economic freedom and privacy. #Update #Legal
CBDC Guardrails Proposed to Prevent Abuse
Bill 4212/25, aiming to limit Brazil’s CBDC control, passed a key committee. It ensures cash remains and mandates no financial exclusion. #Update #Legal
Digital Rand Rejected South Africa Backs Payshap
The South African Reserve Bank pauses digital rand rollout, focusing on real-time payments via Payshap and Payinc, amid privacy and efficiency trade-offs. #Update #Finance
Digital Ruble Launches Top Banks Ready
The Central Bank of Russia confirms the digital ruble’s September 1 launch, with 12 major banks ready and a 9-million-outlet QR network integration. #Update #CBDC
Banks Launch Digital Currency Network to Halt Deposit Drain
America’s largest banks, including @JPMorgan and @BankofAmerica, plan a tokenized deposit network by 2027 to compete with stablecoins like $USDC and $USDT, enhancing global payment efficiency. #Update #Crypto $USDC
CFTC Chief Reveals Secret US CBDC Talks
Timothy Massad, former CFTC Chairman, disclosed secret U.S. CBDC discussions amid global trends, as the U.S. engages in Project ‘Agora’ for international payment tokenization. #Update #Crypto $USDC
Bitcoin Miners Protected as South Carolina Bans CBDC
South Carolina Governor signs Senate Bill 163, banning Central Bank Digital Currency payments by state agencies and protecting Bitcoin miners from discriminatory zoning and licensing rules. #Update #Legal $BTC
Bitcoin Gains as South Carolina Bans CBDC
South Carolina enacts HB 4256, banning government use of CBDCs and supporting crypto mining and staking by easing regulations. #Update #Legal