In brief The Bank of Korea will launch Phase 2 of its CBDC pilot in September, expanding to nine banks and a cap of 500,000 users for live deposit token testing. Phase 1 (April–June …
Tag:
CBDC
Today in crypto, Congress has cut a deal to move forward with a housing bill, inclusive of a CBDC ban, while industry observers are focused on crypto PAC spending in Alabama. Robinhood has meanwhile …
The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030. A …
Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is reconsidering the urgency of …
Coinbase CEO Brian Armstrong is pointing to China as a model for US stablecoin policy. The timing raises questions about his motives. Armstrong’s defense of China’s central bank digital currency interest payments comes as …
