The progress of crypto policy in Washington has been nearly as volatile as digital asset markets themselves. The result is that crypto policies are increasingly being shoehorned into separate legislative packages. Last month, for example, the U.S. Senate passed a sweeping bipartisan housing package, the...
China will reportedly permit select banks to handle its central bank digital currency (CBDC). That’s according to a report Friday (March 20) from Reuters, which notes that this effort marks a strong contrast to the U.S. stance on CBDCs. The People’s Bank of China has chosen 12...
A housing bill passed Thursday (March 12) by the U.S. Senate includes a provision that would ban the Federal Reserve from issuing central bank digital currencies (CBDCs) until at least the end of 2030, CoinDesk reported Thursday. The 21st Century ROAD to Housing Act places...
Europe’s Parliament has reportedly given its first major endorsement of the digital euro. That’s according to a report by Reuters on Tuesday (Feb. 10), which said lawmakers’ blessing matters as the European Central Bank (ECB) needs Parliament’s legislative approval before it can issue a digital...
India’s central bank has reportedly proposed that BRICS countries link their digital currencies. The goal here is to ease cross-border trade and tourism payments and reduce reliance on the U.S. dollar, Reuters reported Monday (Jan. 19) citing two sources familiar with the matter. These sources...
Central bank digital currencies have moved well beyond theoretical debate, and in the European Union the conversation is now centered on deadlines, governance and execution. As CBDCs gain traction globally, Europe’s approach has crystallized around a series of milestones that make 2026 a decisive year...
A vote on the digital euro could come within the first half of 2026. However, it’s not clear whether the project will win the backing of a majority of the European Parliament, the Financial Times (FT) reported Monday (Jan. 5), with one official telling the news outlet that...
The EU Council has reportedly endorsed a new negotiating position for a digital euro. The council is now supporting the idea of a version of the central bank digital currency (CBDC) that includes online and offline functionality, Reuters reported Friday (Dec. 19). As the report...
The European Central Bank is reportedly targeting 2029 for the launch of its digital euro. Officials will decide whether to continue preparatory work on the project at a meeting this week in Florence, Italy, Bloomberg reported Wednesday (Oct. 29), citing unnamed sources. In 2023, central...