CBDCs Disrupt Stablecoins Not Bitcoin
The co-founder of @COTInetwork suggests CBDCs will disrupt stablecoins, not $BTC, as major financial players adopt the technology, but downplays integration with DeFi or Web3. #Update #Crypto $BTC (+3) ↗
CBDC
US House Advances Anti-CBDC Legislation
The US House Financial Services Committee passed the CBDC Anti-Surveillance State Act, blocking Federal Reserve’s digital dollar plans with a 27-22 vote. #Update #Legal (+3) ↗
Digital Ruble Launch Nears Despite Hurdles
The Central Bank of Russia plans to roll out the digital ruble by year-end, pending completion of pilot nuances. #Update #Crypto (+3) →
XRP Surge: Only 1% Can Afford
XRP’s price surge may limit ownership to just 1% of investors, according to an expert analysis at @NewsBTC. #Update #Crypto $XRP (+3) ↗
Wyoming Stablecoin Mirrors State-Issued CBDC
House Majority Whip Tom Emmer criticized Wyoming’s plan to issue its stablecoin, WYST, likening it to a state-issued CBDC, sparking debate within the GOP. #Update #Crypto $WYST (-4) ↘
CBDC Trial South Korea 100000 Users
South Korea’s central bank will pilot CBDC with 100,000 users and seven banks issuing deposit tokens for digital payments at top retailers. #Breaking #Crypto (+8) ↗
Digital Euro Deadline Set for 2025
ECB President Christine Lagarde announced the European Central Bank aims to finalize digital euro preparations by October 2025, pending legislative approval and stakeholder cooperation. #Update #Crypto (+3) →
Vietnam Launches Digital Currency Exchange Pilot
Vietnam will pilot a digital currency exchange under a new legal framework, as the Ministry of Finance and State Bank draft guidelines for digital assets. #Update #Legal (+3) ↗
CBDC Israel Unveils Digital Shekel Design
Israel’s Bank of Israel unveils a preliminary design for its digital shekel (DS), emphasizing interoperability and dual-purpose use for retail and wholesale transactions. #Update #Crypto (+3) ↗
CBDC Privacy Issue Unresolved in Brazil
The Central Bank of Brazil reports that none of the tested anonymity and privacy solutions for its CBDC pilot met project requirements. #Update #Crypto (+3) →
Crypto Adoption Klarna Embraces Digital Currency
CryptoBriefing: @Klarna plans to integrate cryptocurrency services, seeking community input on implementation strategies, marking its entry into the crypto space. #Update #Crypto (+3) ↗
Stablecoins vs CBDC: Wallet Token Showdown
NewsBTC: Trump’s stablecoin advocacy spurs EU digital Euro efforts, potentially boosting @BestWallet’s $BEST token presale as crypto wallets gain importance. #Update #Crypto $BEST (+3) ↗
Digital Euro Urged Amid US CBDC Ban
European Central Bank executive Piero Cipollone advocates for a digital euro to counter President Donald Trump’s ban on central bank digital currencies in the US, aiming to mitigate stablecoin reliance. #Update #Crypto $EUR (-3) ↘
CBDC Halted Trump Era Stablecoin Surge
President Donald Trump vows to block a Central Bank Digital Currency (CBDC) in the U.S., while stablecoin adoption accelerates, potentially reshaping the digital currency landscape. #Breaking #Crypto $USDT (+8) ↗