mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. Go to Source
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Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from? Go to Source
U.S. Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee. Go to Source
International financial group finds gaps in digital euro legislative package
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking. Go to Source
US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’
Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics as the bill passed out of committee. Go to Source
Kazakhstan establishes regulatory agency to implement CBDC
The National Payment Corporation will be responsible for the development of “digital financial infrastructure”, including the implementation of the digital tenge. Go to Source
US lawmakers advance legislation blocking the digital dollar
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. Go to Source
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
The digital assets subcommittee heard from five opponents of a U.S. CBDC without giving supporters equal (or any) time. Go to Source
Wyoming stablecoin: Are state digital currencies even possible?
The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. Go to Source
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox
The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. Go to Source