CBDC

China plans to triple its e-CNY network by 2026. The country is actively pushing for the expansion of the CBDC, an effort that includes eight more banks joining the network this week.

The Bank of Korea expanded its CBDC pilot program, Project Hangang, with Phase 1 opening 81,000 wallets where 42% used the CBDC. Phase 2 involves a larger scale and the use of real government money.

South Korea plans to launch the second phase of its CBDC pilot in September, adding two regional banks, new payment features, and testing government subsidy payments using tokenized bank deposits.

South Korea will test tokenized government bonds linked to the Bank of Korea’s wholesale CBDC system in 2027 as token securities rules take effect.

The 21st Century ROAD to Housing Act, which includes a provision banning the Federal Reserve from issuing a CBDC, has been passed into law without President Trump's signature.

The U.S. government's digital dollar is set to be banned tonight under a housing law's limit on central bank digital currencies (CBDCs).

House Speaker Mike Johnson sent a housing bill with a provision banning the US Federal Reserve from issuing a CBDC until 2030 to Donald Trump. Trump has 10 days to decide on the bill.

Congress has sent an anti-CBDC housing bill to President Trump for final approval. The bill aims to improve housing affordability in America and includes a provision banning CBDC until December 31, 2030.

The US Senate passed a bipartisan housing bill with an 85-5 vote, which includes a four-year ban on a Federal Reserve digital dollar. The bill now moves to the House for further consideration.

The US Senate passed a housing supply bill that includes a ban on the issuance of a CBDC or similar digital assets until 2030. The bill was approved in an 85-5 vote.

South Korea's CBDC pilot project is entering its second phase, where deposit tokens will be integrated into existing banking systems. The Bank of Korea is advancing its CBDC deposit token initiative to test real-world usage.

The House and Senate have reached a bicameral deal on the 21st Century ROAD to Housing Act, which includes a provision banning the Federal Reserve from issuing a digital dollar until 2030.

Treasury Secretary Scott Bessent reiterated the commitment to not adopt a Central Bank Digital Currency (CBDC) under the Trump administration and urged Congress to pass the Clarity Act.

The article discusses the dangers of a programmable digital currency and the role of AI in enforcing rules, highlighting Bitcoin as a defense against this system. The author argues that Bitcoin is the only immutable firewall against central bank control and AI monitoring. The article links to a visual documentary breaking down the digital panopticon being built.

The European Commission has imposed sanctions on Russian crypto exchanges, stablecoins, and CBDCs in response to Russia's use of cryptocurrency transactions to bypass existing sanctions during its war on Ukraine.

The article argues that the pursuit of financial freedom through Bitcoin has instead enabled government surveillance via enhanced transaction tracking. It claims that cryptocurrencies like Bitcoin are now government-regulated tools for surveillance rather than instruments of rebellion, with users unknowingly contributing to a social credit system.

The article titled 'CBDC anyone?' submitted by /u/Anonymous_Lurker_1 discusses the potential and implications of Central Bank Digital Currencies (CBDCs), highlighting ongoing global discussions about their adoption and economic impact.