The Reserve Bank of India (RBI) proposed to link all BRICS nations’ central bank digital currencies (CBDCs) for trade this week. The proposal has immense weightage, as India hosts the…
In brief
House Republicans have attached anti-CBDC measures to an upcoming Defense Bill.
The U.S. remains the only major economy to halt retail CBDC development.
Stablecoins have gained traction in the U.S. as…
The US House has added a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) into a nearly 1,300-page bill setting the country’s defence policy for…
KakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports.In its first-half earnings call on Tuesday, KakaoBank CFO Kwon Tae-hoon said the firm is “actively considering”…
In brief
The Wyoming Stable Token (WYST) won’t initially offer a yield, but there is support for enabling the feature later, Wyoming State Senator Chris Rothfuss said.
Wyoming’s Select Committee on Blockchain…
The GENIUS Act CBDC system (so-called) has actually sparked intense controversy as experts argue the recently signed legislation creates a hidden digital dollar agenda through stablecoin regulation. Critics warn this…
US Republican lawmakers and President Donald Trump were able to overcome inter-party disputes to get three crypto bills passed through the House of Representatives last week, but some of the…
In brief
Bank of England Governor Andrew Bailey expressed skepticism about the need for a digital pound, which has colloquially been referred to as "Britcoin."
He questioned why creating new money is…
The US House is set to try to move forward three crypto bills again on Wednesday after canning a re-vote on Tuesday as multiple Republican lawmakers pulled support, wanting to…
Three different crypto bills could potentially pass through the House of Representatives in the next few days: the GENIUS Act, the Clarity Act, and the Anti-CBDC Act.The “Guiding and Establishing…