Category: CBDC
South Korea’s CBDC Pilot Faces Scrutiny Over Missing Security Audit
Bank of Korea’s CBDC pilot relied mainly on internal security assessments before launch. No independent audit reviewed Project Hangang during or after real-world testing. Oversight…
ECB Selects 36 Payment Firms for Major Digital Euro Pilot Launch
ECB chooses 36 providers to test digital euro functions, operations, and payment systems. Pilot will assess online, offline, mobile, and merchant payment capabilities across Europe.…
Russia Confirms CBDC Rollout as Digital Ruble Debuts in September
Russia’s digital ruble officially launches on September 1 after successful nationwide preparations. Major banks and large retailers will begin supporting digital ruble payments from launch.…
EU Lawmakers Advance Digital Euro Plan With Strong Committee Support
EU committee approves digital euro proposal, advancing CBDC legislation toward negotiations. Privacy safeguards include zero-knowledge proofs and limits on ECB access to user data. Digital…
Hong Kong Tests e-HKD for After-Hours Derivatives Margin Payments
HKEX and HKMA launched an e-HKD pilot for after-hours margin payments. The project tests a wholesale central bank digital currency in live markets. Clearing participants…
Ted Cruz Pushes to Make Senate’s CBDC Ban Permanent
Sen. Ted Cruz files amendment SA 4318 to make the Senate’s CBDC ban permanent, removing the 2030 sunset from the housing bill. Senator Ted Cruz…
South Korea Opens Crypto Investment While Central Bank Warns on Stablecoin Risks
Korea opens crypto access but stays cautious, warning stablecoins may disrupt capital controls and strain regulation. South Korea’s central bank has revised its stance on…
US Risks Losing Digital Finance Edge: Coinbase Warns of China CBDC Advantage
Coinbase warns US risks losing its digital finance edge to China as stablecoin regulations and CBDC competition intensify. Coinbase has raised alarms that the United…
China to Allow Interest Payments on Digital Yuan Wallets in 2026
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and reinforcing central bank control. China’s central…
