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Saudi Arabia has ended its participation in the China linked mBridge digital currency platform after completing a central bank digital currency trial in May 2025, removing the kingdom from a cross border payment project that has faced scrutiny in Washington…
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South Korea’s opposition People Power Party has challenged CBDC adoption as the Bank of Korea expands its deposit-token pilot.
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India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia…
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On Sept. 1, 2026, Russia flipped three switches at once. Federal Law 282-FZ brought bitcoin, ether, and USDT into a regulated market under the Bank of Russia. The digital ruble went live across the country’s 12 largest banks. And the…
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NOBO Finance, Dun & Bradstreet and Polygon Labs have joined Phase 2 of the Bank of England’s Digital Pound Lab to test SME trade finance flows that combine stablecoin payments, digital pound settlement and reusable business identity. According to a…
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Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pilot Free Trade Zone. According to a draft of the China (Guangdong) Pilot Free Trade…
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India has expanded its global tax reporting framework to include specified crypto-assets, central bank digital currencies, and digital money products under updated FATCA and Common Reporting Standard rules. The Economic Times reported that the Central Board of Direct Taxes (CBDT)…
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ICBC has completed China’s first digital yuan cross-border payment with Singapore through the newly upgraded Digital Currency Express platform, settling nearly 10 million yuan in import shipping fees with same-day fund delivery. According to Mobile Payment Network, the transaction was…
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South Korea has launched a 9.6 billion won project to expand its CBDC-based deposit token payment system into everyday commercial payments, building on the Bank of Korea’s earlier pilot program. South Korea’s Korea Internet & Security Agency (KISA) and the…
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South Korea’s first CBDC pilot has been conducted without any independent government security inspection, with participating banks relying mainly on their own pre-launch reviews before testing began. South Korean newspaper Maeil Business, citing data submitted by the Financial Supervisory Service…
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The European Central Bank has selected 36 payment firms, including Deutsche Bank, for a digital euro pilot as Europe presses ahead with its CBDC plans. According to a July 14 announcement from the European Central Bank (ECB), the selected payment…
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President Donald Trump has refused to sign the 21st Century ROAD to Housing Act, even as the bill containing a provision blocking a U.S. central bank digital currency through 2031 has remained on course to become law. According to a…
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The Bank of England has reaffirmed that its work on a potential digital pound has remained independent despite claims that political lobbying may have influenced its approach. Bailey says CBDC policy remained independent According to The Guardian, Bank of England…
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Russia says the digital ruble is ready for Sept. 1 rollout, even as EU sanctions and U.S. CBDC limits reshape the policy debate globally.
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Trump has 10 days to act on a bipartisan housing bill that would block a Federal Reserve CBDC through 2030 as he pushes a voting bill fight.
Feature
Everyone is watching the CLARITY Act for what it does to crypto market structure. Buried inside it is a provision with a different target entirely: a ban on a US central bank digital currency. It is literally one of the…
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