CBDC Ban Looms as House Vote Approaches
A pair of Republican lawmakers is pushing for a permanent ban on US central bank digital currency (CBDC) in the 21st Century ROAD to Housing Act, with a House vote expected this week. #Update #Legal
CBDC
Digital Euro Warning: Avoid U.S. Stablecoin Copycat
European Central Bank President Christine Lagarde warned against euro-pegged stablecoins, advocating for central bank infrastructure to mitigate financial stability risks amid growing dollarization concerns in Europe. #Update #Crypto $USDC
Digital Currency Launches for 24/7 Trade Settlements
@TetraTrust launched CADD, Canada’s first CAD-pegged stablecoin approved by Alberta Treasury Board, aiming for institutional use in 24/7 settlements. Supported by major firms like @Shopify and @NationalBank. #Update #Crypto $CADD
Crypto Sanctions Escalate in EU’s Major Action
The EU has imposed a total ban on Russian crypto providers and platforms, including sanctions on the RUBx stablecoin, targeting Russia’s reliance on cryptocurrencies for international transactions. #Breaking #Crypto $RUBx
ECB Advances Digital Euro Payment Solutions
The European Central Bank signed agreements with Nexo Standards and others to integrate the digital euro into existing systems, aiming to counter dollar stablecoins. #Update #Crypto
CBDC Launches: South Korea Prioritizes Digital Won
BOK Governor Shin Hyun-song prioritizes CBDC and deposit tokens, omits stablecoins in digital won strategy amid South Korea’s Digital Asset Basic Act finalization. #Update #Crypto
CBDC Push Signals Bank of Korea’s Future
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
CBDC Ban Included in U.S. Senate Housing Bill
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
Bitcoin Housing Bill Advances CBDC Ban
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
XRP Surges Amid Strait Of Hormuz Chaos
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
RBI Proposes BRICS CBDC Payment Link
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
Digital Currency Link Proposed Among BRICS Nations
The Reserve Bank of India is proposing a plan to link central bank digital currencies among BRICS nations at the 2026 summit. #Update #Crypto
CBDC: Digital Yuan Processes $55B
China’s e-CNY processes $55 billion via mBridge, boosting cross-border CBDC payments, per Atlantic Council data. #Update #Finance
CBDC Project mBridge Surges to $55B Payments
@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