Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence ami
Australia is one of the most favorable regions to operate crypto-related activities. It has enacted a series of rules to mandate strict compliance with consumer protection and investors’ rights. It is a crypto-friendly country with a supportive stanc
The Hong Kong government is partnering with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to test cross-border transactions between permissioned and permissionless blockchains, as well as settlements using different types of digital assets
Mark Carney has won a snap election to keep his job as Canada's prime minister, but this leaves the future of the country's crypto industry unclear, given his past skepticism toward blockchain technology.Carney defeated the explicitly pro-crypto cand
US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering certain products or services directly
For best results when printing this announcement, please click on link below:On March 7, 2025, President Donald Trump signed an executive orderestablishing a Strategic Bitcoin Reserve in the United States. Funded withBitcoin seized from legal proceed
The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future.The central bank described the proposed digital shekel (DS) as a "multipurpose CBDC", to wit it
Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise.“TradFi stablecoins will find it harder than they think to win market s
Ripple announced a significant rebrand, aligning its identity with the Internet of Value. The XRP issuer is looking to develop a new brand identity under the changing regulatory space in the US.This strategic shift impacts its products, website, and
US President Donald Trump has signed an executive order directing the government to create a sovereign wealth fund, with industry advocates and at least one lawmaker suggesting the action could lead to the government acquiring Bitcoin.Trump signed th
The Indian government, which has historically been opposed to crypto, is reviewing its regulatory policy in response to adoption by other nation-states.According to Reuters, India's economic affairs secretary, Ajay Seth, said that digital assets "Don
Lunar New Year has become a global celebration and a surprisingly positive period for Bitcoin and crypto — replete with modernizing the hongbao (financial gifts in red envelopes), memecoins bearing the year’s zodiac animal and increased trading acti
The US ban on central bank digital currencies (CBDCs) may significantly influence global CBDC projects, according to industry observers.On Jan. 23, US President Donald Trump signed an executive order officially prohibiting the establishment, issuance
US President Donald Trump’s executive order banning the creation of central bank digital currencies (CBDCs) in the United States could mark a significant shift in institutional cryptocurrency adoption, according to industry executives.The executive o
Kazakhstan took down 36 illegal cryptocurrency exchanges in 2024 amid ongoing efforts to combat money laundering in the region, a drop of 96% from 2023.On Jan. 6, the Financial Monitoring Agency of the Republic of Kazakhstan announced the shutdown of
Authorities in Kazakhstan have blocked more than 3,500 cryptocurrency exchanges operating illegally, according to an announcement by the Kazakh regulator, AFM RK. The crackdown resulted from joint efforts by the National Security Committee and the Mi
The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Coopera
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landsc
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to
TLDR IMF staff introduced a REDI framework for CBDC adoption Framework focuses on Regulation, Education, Design, and Incentives Goal is to enhance CBDC uptake globally Recommends strategies for end-users and intermediaries Encourages central banks to