Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.


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Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.

India plans to test tokenized corporate bonds in a September pilot, with state-controlled REC issuing the debt and select investors using wholesale CBDC paymen…

Piero Cipollone said the Eurosystem would not identify digital euro users as central bank digital currencies face privacy concerns worldwide.

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

South Korea will test tokenized government bonds linked to the Bank of Korea's wholesale CBDC system in 2027 as token securities rules take effect.

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 the end of 2030, se…

Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.

House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on…

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 certa…

The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump's sign-off.

The Senate voted 85-5 to pass a major housing affordability bill that includes a ban on the Federal Reserve making a central bank digital currency until 2030.

The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the 21st Century Road to Housing Act.

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.

CBDCs bridge the 1.3 billion unbanked cash-digital divide. Governments must actively promote them as trusted, low-cost gateways to formal financial inclusion.

The provision banning the Federal Reserve from issuing a central bank digital currency was included in housing affordability legislation.

Hedge fund manager Ray Dalio warns that CBDCs will eliminate financial privacy and enable governments to tax, seize funds, and cut off political opponents.

In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platfo…

Only three CBDCs have been successfully launched around the world so far, in Nigeria, the Bahamas and Jamaica, although many jurisdictions are considering it.

US Representative Warren Davidson said the stablecoin-focused GENIUS Act may backfire on Americans by stripping them of their financial freedom and privacy.

Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs.

Conservatives in the Republican Party are frustrated that a promised ban on central bank digital currencies didn't make it into a must-pass defense bill that's…

The South African Reserve Bank found no short-term need for a retail CBDC, saying wholesale or cross-border uses should be explored instead.

The Bank for International Settlements is advancing major digital currency pilots, testing cross-border CBDCs, tokenized deposits and real-time payment rails.

The United Arab Emirates' central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.

The comments from European Central Bank head Christine Lagarde drew overwhelming backlash from the crypto community and political influencers.

A stablecoin is now live in Kyrgyzstan, which confirmed plans to launch a CBDC and explore a national crypto reserve after meeting with strategic adviser Chang…

. Uganda's CBDC, a digitized version of the Ugandan shilling, has been deployed on a permissioned blockchain and backed by Ugandan treasury bonds..

. Kazakhstan is advancing a dual model by piloting its digital tenge CBDC alongside the Evo stablecoin as part of its push to become a crypto hub..

. The House slipped a provision banning the Federal Reserve from issuing a digital currency into a nearly 1,300-page bill on defense policy..

. Following its latest freeze of nearly $86K in stolen USDt, Tether's enforcement capabilities are again in the spotlight - raising questions about centralized…

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