Bitcoin Giants Launch Reserve-Backed Digital Currency
Nine major banks, including @GoldmanSachs and Deutsche Bank, form a consortium to explore reserve-backed digital money on public blockchains, aiming to enhance cross-border payments.
CBDC
RBI Launches Digital Currency Amid Crypto Ban
India plans to launch an RBI-backed digital currency, discouraging unbacked cryptos through heavy taxation, Union Minister Piyush Goyal announced in Doha. #Update #Crypto
SEC Approves Nigerian Digital Currency Framework
Nigerian Central Bank Governor Olayemi Cardoso announces collaboration with Nigeria’s SEC to develop a sustainable digital currency framework. #Update #Crypto
CBDC Launches to Enhance Brazil’s Transparency
Brazil’s finance minister, Fernando Haddad, asserts Drex, the country’s CBDC, aims to enhance transaction transparency without government control over payments. #Update #Finance
Digital Yuan Launches New Operation Centre
China’s People’s Bank of China (PBOC) launched an international operations center for the digital yuan (e-CNY) in Shanghai, aiming to enhance cross-border payment efficiency amid a pause on tokenization efforts. #Update #Crypto $USDT
CBDC Launches: Bolivia Enters Global Stage
The Central Bank of Bolivia will launch its national CBDC, the digital boliviano, this month to modernize payments and offer a regulated alternative. #Update #Finance
Colombia Launches CBDC Amid Economic Challenges
Colombia faces challenges introducing a CBDC to modernize its financial system, where cash dominates, complicating efforts by the Central Bank of Colombia. #Update #Crypto (+3) →
Colombia Launches CBDC Pilot on Cosmos
Colombian government to pilot a CBDC on @Cosmos with a focus on cross-border payments, as announced by Maghnus Mareneck, co-CEO of Interchain Labs. #Update #Crypto (+3) ↗
Cryptocurrency: Bolivia Launches Digital Currency
Bolivia announces its digital currency, while the Brazilian stock exchange launches $SOL and $ETH futures; Belo Horizonte aims to become a bitcoin capital. #Update #Crypto $ETH (+3) ↗
De-Dollarization: Bolivia Launches Digital Currency
Edwin Rojas Ulo, president of the Central Bank of Bolivia, announced consultations with international organizations on a “virtual boliviano” for cross-border payments. #Update #Crypto (+3) ↗
FED CBDC Criticized by Treasury Secretary
US Treasury Secretary Scott Bessent opposes the Federal Reserve creating a Central Bank Digital Currency, calling it a sign of weakness, favoring private sector digital assets. #Update #Crypto (+2) ↘
Digital Ruble Roadmap Updated Launch 2026
@BankRussia announces digital ruble launch set for 2026 after postponement, marking a significant step in Russia’s CBDC strategy. #Update #Crypto (+3) →
Clean Energy Revolutionizes Digital Currency
@denergychain’s CEO announced their blockchain uses a “Proof of Energy” consensus, offsetting 1,000 MWh for every MWh consumed, promoting renewable energy trading. #Update #Crypto (+6) ↗
CBDC Launch Belarus Set for 2026
Belarus plans to launch a central bank digital currency by 2026, with full circulation expected by the second half of that year, according to National Bank Chairman Roman Golovchenko. #Update #Crypto (+3) ↗