Tag: 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…
Congress Strikes Deal to Ban CBDC Until 2030 in Housing Bill
US lawmakers agreed on a bipartisan, bicameral housing legislation deal. The bill contains an added provision to ban a central bank digital currency. The Fed…
GOP Pushes Permanent US CBDC Ban Through Housing Bill
House Republicans want to make the U.S. CBDC ban permanent. They say the ban protects Americans from financial surveillance. They are attaching the ban to…
Bank of Korea Unveils Bold CBDC Plan for Asset Tokenization
The Bank of Korea says stablecoins could be widely used for payments. The bank warns that payment-use stablecoins tied to tokenized assets create new stability.…
XRP Ledger Offers Compliant On-Chain Solution IMF Misses for Settlement Gaps
XRPL supporters cite XLS-80 and XLS-81 as tools for permissioned on-chain trading and compliance. A 20-central-bank model could require 190 bilateral liquidity pools for stablecoin…
The European Central Bank says the Digital Euro Is Important For Payments Sovereignty
According to an ECB exec, the digital euro provides a payment rail that could reduce Europe’s reliance on foreign providers like Visa and Mastercard. The…
