adminBank of Korea Scales Up CBDC Pilot With Half a Million Users
In recent developments, phase 1 of Project Hangang opened 81,000 wallets with 42% of them using the CBDC. Phase 2 is bigger, and this time it moves real government money.…
South Korea eyes September launch for second phase of CBDC pilot: Report
In recent developments, the Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits Looking closer, market…
US CBDC ban to go into effect without Trump signoff on housing bill
In recent developments, donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until…
Trump Holds Up CBDC Ban Through 2030 as He Demands a Voter-ID Law
In recent developments, u.S. President Donald Trump is reportedly withholding his signature from a sweeping housing bill that would bar the Federal Reserve from issuing a central bank digital currency…
Trump cancels signing of housing bill with CBDC ban
In recent developments, the 21st Century ROAD to Housing Act included a provision that the US Federal Reserve was barred from issuing or creating a CBDC until 2030, but exempted…
US House Sends Fed CBDC Ban to Trump’s Desk as Housing Bill Clears Congress
In recent developments, the U.S. House of Representatives has approved the 21st Century ROAD to Housing Act, sending legislation that bars the Federal Reserve from issuing a central bank digital…
Republican lawmakers call for permanent CBDC ban as House vote approaches
In recent developments, tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate.…
Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take…
In recent developments, according to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank digital currencies ( CBDCs) and their expansion,…
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Plat…
In recent developments, the Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the…
Kyrgyzstan launches stablecoin on BNB Chain, confirms future CBDC rollout
In recent developments across the digital-asset market, a stablecoin is now live in Kyrgyzstan, which confirmed plans to launch a CBDC and explore a national crypto reserve after meeting with…