Bank of Korea Suspends Next Phase of Its CBDC Project
The Bank of Korea (BOK) has suspended its Central Bank Digital Currency (CBDC) project, with all involved entities already informed of the new development.
7-Eleven Joins South Korea’s CBDC Pilot Program
South Korea is progressing with its CBDC trial. Major firms like 7-Eleven are set to join the trial, and retail participation is the focus.
ECB Unveils Blockchain Payment System to Counter US Stablecoin Dominance
The ECB’s move is partly driven by concerns over the growing adoption of US dollar-backed stablecoins, which could increase American influence in the global financial system.
Federal Reserve Chair Jerome Powell Confirms No Plans For US CBDC During His Tenure
Fed Chair Powell ruled out a US CBDC under his tenure, backing the Trump administration’s push for stablecoins over digital fiat.
Indian Digital Rupee Expands Beyond Banks as Cred Joins CBDC Program
India’s central bank takes a significant step in digital currency adoption by collaborating with Cred to bring the e-Rupee CBDC to retail consumers.
ECB Eyes Digital Euro as Trump Push Support For Stablecoins
With Trump’s backing for stablecoins, ECB insiders are pushing for a CBDC alternative to match the competition.
Trump Excludes Fed, FDIC from Crypto Working Group, Snubs Banking Watchdogs
In a significant move, Trump established a new cryptocurrency working group without the Federal Reserve and FDIC, sparking industry discussions about regulatory approach and financial innovation.
Trump to Sign EO to Ban CBDC Creation, Reveals FOX Journalist
President Trump may issue an executive order banning CBDCs as other governments around the world are rushing to launch their digital currencies.
Congressman Tom Emmer Appointed as Vice Chair of Digital Assets Subcommittee, Promises America Will Guide Crypto Future
By Tolu Ajiboye
Emmer is a pro-crypto Congressman who now joins Bryan Steil as part of the subcommittee’s leadership to oversee crypto regulation in the US.
Bank of England to Launch ‘Digital Pound Lab’ for Hands-on CBDC Testing
By Bena Ilyas
The Bank has actively engaged stakeholders through multiple forums to gather insights shaping the design phase of the Central Bank Digital Currency (CBDC).
Societe Generale Pioneers Blockchain-Based Repo Transactions
Societe General and Banque de France have conducted the first repo purchase agreement on the Ethereum blockchain.
Indian Central Bank Governor Shares Optimism about CBDC-Driven Economy
On his final day as RBI Governor, Shaktikanta Das expressed optimism about the Digital Rupee CBDC’s potential to drive India’s economy forward.
New Zealanders Show Strong Opposition to Central Bank Digital Currency (CBDC)
Most New Zealanders oppose the CBDC use, citing privacy concerns and government control.
Cambodia Blocks Major Crypto Websites amid Rising Cybercrime and Regulatory Challenges
Cambodia has intensified its crackdown on unlicensed cryptocurrency activities by blocking major platforms like Binance.
ECB Urges Faster Progress on Digital Euro to Maintain Global Leadership
The ECB emphasizes urgency for a digital euro, addressing reliance on foreign systems, legal delays, and balancing financial stability.