CBDC

Highlights: 31% of central banks have delayed CBDC implementation, while others proceed with plans. Regulatory, political, and economic challenges contribute to delays in CBDC development. Another report shows 134 countries are exploring digital currencies, with 66 in advanced stages of […]

Highlights: The United States Senate confirmed Scott Bessent as Treasury Secretary with a 68-29 vote. Bessent will oversee $28 trillion in Treasury debt and influence fiscal and financial policy. Ripple CEO and Senator Crapo praised Bessent’s appointment for his finance […]

Highlights: ECB proposes a digital euro to counter the rise of dollar-backed stablecoins. Trump’s executive order prohibits the Federal Reserve from issuing a CBDC. European banks fear losing deposits due to ECB-backed digital wallets. The European Central Bank (ECB) is […]

Highlights: Trump’s executive order aims to position the U.S. as a global crypto leader. The Presidential Working Group will evaluate the creation of a national digital assets reserve. The order bans CBDCs and suggests using seized assets for the national […]

Highlights: Trump’s inauguration lacked mention of digital assets despite strong crypto industry support. Crypto leaders remain optimistic, anticipating pro-crypto actions despite a quiet first day. Trump’s executive orders may ease crypto restrictions, including a potential CBDC ban. On January 20, […]

Highlights: Bank of England commits to cash supply as Britcoin advances, ensuring consumer choice in payment methods. Britcoin to coexist with cash, easing concerns of surveillance and offering secure digital payment options. BoE pushes banks for innovation in payment systems, […]

Highlights: IMF urges El Salvador to reconsider Bitcoin policies and strengthen the regulatory framework for crypto. Despite the IMF’s stance, El Salvador’s GDP has risen over 10% since adopting Bitcoin as legal tender. IMF introduced the “REDI” framework to promote […]

Highlights: Australia’s central bank is prioritizing the development of a wholesale CBDC over a retail version. RBA’s three-year Project Acacia will explore wholesale CBDCs and tokenized bank deposits. The global trend towards CBDCs highlights the RBA’s strategic alignment with international […]

Kazakhstan uses its central bank digital currency (CBDC) pilot project to finance the construction of a rail line connecting it with China. The National Bank of Kazakhstan (NBK) launched the digital tenge, a programmable digital currency, ensuring an efficient and […]

Highlights: Due to project complexity, Taiwan’s central bank has indefinitely delayed its CBDC launch. Public hearings and forums are planned next year to educate and engage the public about CBDCs. Despite the delay, Taiwan continues to explore innovative applications and […]